Vento rides a new 75 million euro fund for Italian founders, regardless of where they live

For the last 15 years or more, the European enterprise capital is changed as a higher gear, a way to prosper a nation, regardless of where they should invest in the country’s founders. This will help the initiative mindset to return home. Approach in Europe was partial pionered by Paris Basic Whom businesses. Now a new enterprise company hopes to repeat this idea from Italy.

VentoItaly is one of the most active private VCs, the second fund, 75 million euros, starts the second fund to return Italian startups in local and abroad.

The sector-agnostic fund was created from the organizers Italian Tech WeekSAM Altman, Reid Hoffman and others, ELON Musk’s approved and Elon Musk was held in the round of the tour.

The event was initially started by Vento Chairman Fiat Family Scion John Elkann, and the Chairman of Stellantis (Fiat) and Exor (Fiat and other assets).

For someone, ELKANN has a wide network in both Europe and Silicon valley. Thus, the Vento Investment Committee does not include Diego Piacentini, Mike Volpi (previously index enterprises) and such technological industrial veterans such as Jean de la Rochebrochard. Unfortunately, Rochebrochard recently joined the establishments of the very same hopes to imitate Vento eliminated From Newwave, a French enterprise outfit last year.

To date, Vento has already invested in 100 start, including bees, Jet and Gomodo. The II Foundation plans to invest 375 in five years.

Vento CEO Diyala D’aveni, “Italy is very far behind a call on Techcrunch, but we are doing this with other European countries. It is our way to get acquainted with the Italian ecosystem and see the potential of Italian ecosystem and to see the potential of the Italian ecosystem and to see the potential of the Italian ecosystem and build its own an Italian ecosystem. We think that the lack of many successes in Italy is a kind of ecosystem. “

Added D’Aveni, “It’s not a lack of capital. It is not a lack of companies, but we only need one success stories, and we will start to fly all and see what we see in France.”

Italian Tech Week spreads useful to this strategy, allowing the Vento’s standardized 150,000 euros, which allows you to use more than 3,500 starting to maintain a 2.5% conversion rate.

What happened to the previous Italian technical founders of ELKANN to be resolved by the Foundation?

“In 2022, when the first fund of Venton began, it reported to Techcrunch after recognizing Italy’s technological and business potential is significantly lower,” he said.

“Italian founders always showed an exceptional spirit, but the ecosystem was not there. Vento was created to provide a comprehensive platform by showing capital direct investment, enterprise and network development through the Italian Tech Week.”

However, the Italian company law is often considered less favorable for initial builders compared to the UK or US company transport. Do the beginnings waiting for Vento Funds to be Italian-Dicing or agnostic?

“Our main obligation is to identify exceptional Italian founders and support the global entrepreneurial journey,” he said. “Italy has increasingly competitive in international technology, and we are confident that these regulation differences between the countries will be less and less relevant.”

Be fair, the technological scene of Italy is improving. According to Sealroom dataOver the past five years, Italian starts increased by $ 5.72 billion (from 2020 to 2024) and a total of $ 1.7 billion.

The D’Avenu said that he has already planned to be internationally: “We have already a shaft, as well as US transactions, as well as in New York, London, Berlin and Paris, London, Berlin and Parisian micro communities.”