Growth Capital and Italian Tech Alliance: VC report – Q3-23
Ottobre 18, 2023

Growth Capital presents the Venture Capital Report – Italy Q3-23 in partnership with Italian Tech Alliance hosted by LVenture Group as part of the “Venture Capital motore dell’innovazione” event.
 
Q3-23 Italy highlitghs:
➡️€302M raised in 65 investments rounds: the amount invested increased compared to Q2-23 (+14%) while the number of rounds remained stable
➡️11 exits registered: with this contribution the number of M&As in Italy already surpassed in 2023 (YTD) the total of FY-22
 
 
Considerations on the Italian ecosystem in 2023:
➡️Stability in core distribution: excluding outliers, the amount invested has remained constant over the past 4 quarters, suggesting a good response to the challenging macroeconomic context
➡️International investor participation: it has remained stable with respect to 2022, indicating that Italian VC remains an attractive asset class abroad
 
“Despite the global economic context, the third quarter of 2023 has witnessed the highest amount raised this year in the Italian Venture Capital. As forecasted, 2023 is proving to be a year of consolidation, already surpassing the number of exits recorded throughout 2022. In particular, the number of Pre-seed rounds is growing, while the number of Seed and Series A rounds remains steady, creating a pipeline for future Late Stage rounds,” comments Fabio Mondini de Focatiis, Founding Partner at Growth Capital. 
 
Read the full report:
Venture Capital Report – Italy Q3-23 – English version https://lnkd.in/ecBazWQT
Venture Capital Report – Italy Q3-23 – Italian version https://lnkd.in/ee28SjBh