In Italy, Q1-25 saw the highest number of SeriesA rounds in a single quarter since Q4-22, accounting for 49% of the total amount invested during the period.

During same time, 3 new funds have been launched in Italy in 2025, with a total funding of €145 million to date. This follows the €1.4 billion raised in 15 new funds in Italy in 2024.💰

These were some of the findings from the Q1-15 VC report, developed by Growth Capital in collaboration with Italian Tech Alliance.

Founding Partner of Growth Capital, Fabio Mondini de Focatiis explains “In Italy, the first quarter of 2025 confirmed the solidity of the VC ecosystem, with 270 million euros invested entirely in rounds of less than 25 million and constant growth in the early-stage segment, in contrast to the European trend. The good results of the Series A rounds demonstrate how the work built in the last three years is generating returns in terms of growth and solidity of the system.”

Quick numbers on Q1-25 in Italy:
➡️Amount invested: €270 million
➡️Number of rounds: 88
➡️Exits: 7

Quick numbers on Q1-25 in Europe:
➡️Amount invested: €17 billion
➡️Number of rounds: 2,433
➡️Exits: 207

For a closer look at the data and more in-depth analysis on the trends over time, read the full report here https://lnkd.in/edJhBtjZ