With €203 million raised in 75 rounds, Q4-22 witnessed a slowdown in fundraising but a number of deals in line with the average of the previous 4 quarters (€463 million and 79 rounds). The decline in the investment amount in the quarter is largely attributable to the absence of mega-rounds, which, for example, in Q3-2022, had accounted for more than 40%.

Looking at the entire year, 2022 concluded with over €1.8 billion invested, a 48% increase compared to 2021, although influenced by mega-rounds such as Satispay (Series D, €320 million), Newcleo (Series A, €300 million), and Scalapay (Series B, €212 million). As predicted at the beginning of the year by Growth Capital, the Italian VC market was minimally impacted by the macroeconomic and financial tensions of 2022, still demonstrating significant growth compared to 2021, unlike the contraction seen in Europe and other developed VC market.

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italian version: https://docsend.com/view/yk7gy3wrk7gwzaua

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