▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | GreenCity | Italian Channel Awards | Italian Project Awards | ...
InnovationOpenLab

Funding for Italian startups exceeds €2 billion in 2022

The new milestone arrives just twelve months after reaching the threshold of 1 billion euros in annual investments, with international funding rising from €435 million to over €1 billion

Startups Funding

In 2022, total equity investments in Italian hi-tech startups reached a level of 2.1 billion euros, a value more than tripled compared to the 694 million quantified in 2019. Just twelve months after reaching the threshold of 1 billion euros in annual investments, the milestone of 2 billion euros in capital raised by formal, informal and international investors, is now recorded. The key data are emerging from the “Osservatorio Startup Hi-tech”, promoted by the School of Management of Politecnico di Milano in collaboration with InnovUp - Italian Innovation & Startup Ecosystem, now in its tenth edition.

More into detail, investments by formal players (independent VC funds, corporate CVC funds, and GVC funds) confirm their traditional leading role for the entire ecosystem, registering a 44 percent growth over 2021 to €731 million. The trend confirms the infrastructural role assumed by this sector, which, after ensuring the resilience of the ecosystem during the pandemic, is thus reconsolidating itself in 2022 as the pivot and accelerator of the entire ecosystem.

International funding has significantly determined the achievement of the two billion threshold of capital raised, with the value more than doubling from €435 million to over €1 billion (€1,029 million), and is now about half of the entire ecosystem. Startups, and especially scaleups, seem to be increasingly one of the preferred vehicles for attracting capital within Italy, an issue with which national policy-makers and institutions will have to continue to grapple continuously in the coming years.

"At a time when, due to inflation and geopolitical instability, the country is revising downward its growth estimates, startups are showing an opposite trend. A key boost in this direction, which promises to be long-lasting, has been provided by the more systemic and concrete intervention of institutional actors and the public and independent funds”, said Andrea Rangone, Scientific Director of the Osservatorio Hi-tech Startup.

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

Deloitte looks for startups ready for the Digital Health market

Officine Innovazione's Health&BioTech Accelerator programme aims to foster open innovation in the Health and Life Science sectors

Mondo official supporter for Olympic Games in Paris 2024

Italian Mondo is the official supporter in athletics track and equipment for the Olympic and Paralympic Games Paris 2024.

Growth continues at E4 Computer Engineering

The Italian company shows a revenue increase of 23% in 2023 and aims to expand its staff, doubled during the last two years

A capital increase for the Italian venture builder FoolFarm

FoolFarm launches €9 million capital increase targeting IPO and unveils new investment committee.

Most read

Leonardo introduces ECOS-E multimode Radio Base Station, a significant…

Leonardo, the leading global Aerospace, Defence and Security company, presents to North American market the ECOS-E DTA7000 multimode Radio Base Station,…

GCT Semiconductor Announces Appointment of Edmond Cheng as Chief Financial…

#4G--GCT Semiconductor, Inc. (GCT) a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today announced that the Board of Directors…

Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border…

Swift today announced the findings of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution,…

2024 Entrepreneurship Summit Presented by the Harvard Undergraduate Venture…

The Harvard Undergraduate Venture Capital Group (VCG) will hold its annual Entrepreneurship Summit on Sunday, March 24, 2024, from 8 AM to 5:30 PM at…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!