The Italian Venture Capital ecosystem is growing at a faster pace: “Startups are no longer a niche topic but have finally entered the public agenda. Today Venture Capital must increasingly be the asset class of reference for investors and the guiding light of the country’s economic policy“.
With this reflection, LVenture Group CEO Luigi Capello opened the event “Venture Capital as a driver of innovation“, organised in partnership with the Italian Tech Alliance.
Moderated by journalists Francesco Bertolino (Milano Finanza), Laura Morelli (Dealflower) and Raffaele Ricciardi (La Repubblica), took turns on stage:
Luigi Capello (LVenture Group), Francesco Cerutti (Italian Tech Alliance), Fabio Mondini de Focatiis (Growth Capital), Fausto Boni (360 Capital Partners), Gian Luigi Costanzo (Futura Invest), Lisa Di Sevo (Prana Ventures), Giovanni Maggi (Assofondipensione), Roberto Magnifico (LVenture Group), Stefano Portu (Shopfully), Cristina Bini (CDP Venture Capital), Giuseppe Donvito (P101), Marco Mizzau (Inarcassa), Davide Turco (Indaco), Alessio Beverina (Panakès Partners), Gianluca Dettori (Primo Ventures), Paola Pozzi (Sofinnova Partners), Carla Ferrari (Compagnia di San Paolo), Patrick Oungre (A2A) and Corrado Passera (Illimity).
The Italian Venture Capital showcase saw the presentation of the “Quarterly Observatory on Venture Capital in Italy“, dedicated to the Q3 ’22 figures produced by Growth Capital.
These are the highlights of the report:
€527M invested in 58 rounds;
in the first nine months of the year, funding has already exceeded the 2021 total, reaching €1.5 billion;
participation of foreign investors is growing steadily, with the average size of deals almost double that of deals with only domestic investors.
On the basis of these data, venture capital funds and institutional investors exchanged views, emphasising the increasingly central role of venture capital in the labour, economic and innovation market as the driving force behind the development of start-ups, which are increasingly the “enterprises of nowadays“, as recalled by Francesco Cerruti, General Manager of Italian Tech Alliance.