Primo Ventures — Full Portfolio

181travel curates and provides authentic local experiences — tours, activities, transfers and attractions — that hospitality partners such as resorts, hotels, clubs and B&Bs offer their guests, along with a digital concierge software for managing bookings.

B2B MarketplacesSaaSTravel & HospitalityCagliari, IT

Apogeo Space is an Italian startup building a private constellation of picosatellites in Low Earth Orbit to deliver affordable IoT telecommunication services worldwide, connecting low-power, low-data-rate devices in remote or poorly connected areas.

HardwareIoTSpace Tech

Astrocast develops a nanosatellite constellation and low-power modules to connect IoT devices in remote, rural, and maritime areas where traditional cellular coverage is unavailable.

AgTechHardwareIoTSpace TechLausanne, CH

FJFabien Jordan(Founder)inFederico Belloni(Founder)

Co-investorsBOBoundary HoldingW1W11 CapitalAIAirbus Ventures

Blubrake develops anti-lock braking systems engineered specifically for e-bikes and electric mobility.

HardwareIoTMobility & Transportation

FTFabio Todeschini(Founder)in

Co-investorsGRGrowth CapitalMIMI.TO TechnologyNENeva Sgr.

Fillout is a platform for building forms, surveys, and quizzes that also connects to other business tools to automate and scale data-collection workflows.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSaaS

Antony Toron(Founder)Dominic Whyte(Founder)

Co-investors181818 Venture CapitalBOBonfire VenturesBOBoxGroupFOForum VenturesGLGLOCAL LatamMAMandalay Venture Partners+7 more

BrandOn Group acts as a Merchant of Record, selling clients' products under its own accounts and VAT on over 80 online marketplaces such as Amazon, Zalando, Bol, ManoMano and Decathlon, handling the financial, accounting, legal, and logistics procedures.

E-commerceMarketplacesRetail Tech

Co-investorsCDCDP Venture Capital

White Circle provides real-time monitoring, safety controls, and policy enforcement for AI systems across the entire lifecycle.

AI & Machine LearningCybersecurityData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

SLSpike Lu(Founder)inDSDonovan So(Founder)inDenis Shilov(Founder)

BoardOPOlivier Pomel(Cofounder & CEO)DCDavid Cramer(Cofounder & CPO)Francois Chollet(Cofounder)

Co-investorsOCOctopus VenturesY Y Combinator

Caracol develops large-scale additive manufacturing technology for industrial production, enabling companies in aerospace, automotive, architecture, marine, and railway sectors to produce advanced components more efficiently and sustainably.

Advanced ManufacturingCleantechDeep TechHardwareRoboticsBarlassina, IT

Co-investorsCDCDP Venture CapitalEUEUREKA! VentureGRGrowth CapitalGRGrowth EngineNENeva Sgr.OMOmnes Capital

ChAI provides AI-powered insights and price predictions for commodity markets, helping companies in manufacturing and supply chain management understand raw material value chains and manage commodity price risk.

AI & Machine LearningEnterprise SoftwareFintechInsurTech

TFTristan Fletcher(CEO & Co-Founder)inMDMarcus Dixon(COO & Co-Founder)inMBMichael Button(Co-Founder & CTO)inSBSteve Butler(Co-Founder & Markets Director)

Co-investors202050 CapitalMMMMC Ventures

An AI-native holding company that acquires and develops B2B software businesses serving the everyday economy, operating as a permanent investor and operator that applies AI to help portfolio companies compound over time.

AI & Machine LearningEnterprise SoftwareSaaS

Gian Maria Gramondi(Founder)Luca Cartechini(Founder)

Co-investors64645 VenturesAVAvonmore DevelopmentsBLBlackSheep VenturesCDCDP Venture CapitalEBEBRD Venture Capital Investment ProgrammeFOFounders Factory+4 more

Co-investorsCDCDP Venture CapitalLVLVenture GroupP1P101 Ventures

Cortilia is an online grocery marketplace that delivers locally sourced products — fruit, pantry items, and personal care goods — from around 400 producers directly to consumers' homes.

E-commerceFoodTechMarketplaces

Marco Porcaro(Founder)

Co-investorsFIFive Seasons VenturesINIndaco Venture PartnersP1P101 VenturesBOBooX

Cubbit provides distributed cloud storage infrastructure that combines on-premises and cloud technologies to give companies data sovereignty and cost control.

Cloud ComputingCybersecurityData & InfrastructureDeep TechIoTBologna, IT

Alessandro Cillario(Founder)inLorenzo Posani(Founder)Marco Moschettini(Founder)Stefano Onofri(Founder)

Co-investorsCDCDP Venture CapitalETETF PartnersGRGrowth CapitalGRGrowth EngineITItalian Angels for GrowthLOLocalGlobe+6 more

D-Orbit provides space logistics infrastructure and transportation services including satellite launch deployment, on-orbit servicing, refueling, and end-of-mission disposal using its proprietary ION Satellite Carrier orbital transfer vehicle.

Deep TechLogistics & Supply ChainSpace TechItaly, IT

LRLuca Rossettini(Founder)inRenato Panesi(Founder)inGiuseppe Tussiwand(Founder)Luca Rossettini Renato Panesi(Founder)Thomas Panozzo(Founder)

Co-investorsASAstor PerkinsBABanca Investis — Family OfficeCDCDP Venture CapitalELElysia CapitalICIceNineINIn-Q-Tel+13 more

DataMasters provides online training courses in AI, data science, and machine learning for professionals seeking to develop technical skills through hybrid learning, practical projects, and community support.

AI & Machine LearningEdTech

Co-investorsZAZanichelli Venture

Eoliann builds Airis, a platform that uses geospatial data and artificial intelligence to calculate the probability, intensity, and physical and economic impact of climate events on assets and networks.

AI & Machine LearningClimate TechSaaS

Giovanni Luddeni(Founder)inRCRoberto Carnicelliin

Co-investorsCDCDP Venture CapitalMOMontage VenturesTETerna Forward

Events.com is an AI and machine learning-powered platform for creating, promoting, and discovering events.

AI & Machine LearningB2B MarketplacesMarketplacesSaaSLa Jolla, US

MTMitch T.(Founder)inJCJeff Cameron(Chief Technical Officer)inPBPaul Brown(Chief Financial Officer)inPPPaolo Privitera(Director)inDoug Harrison(Director)Stephen Partridge(Executive Officer, Director)

Co-investorsARARTFO Holdings LLCELElizabeth Street VenturesMOMoore Venture PartnersRARaptor GroupWEWe Founder Circle Global Angels FundEPEPIC VENTURES+2 more

Finbooks (formerly CryptoBooks) is an Italian fintech that connects users' exchanges, wallets, brokers, and bank accounts to automatically calculate taxes and generate pre-filled tax reports for crypto and traditional investments.

inReception provides a cloud-based property management platform for small hospitality businesses like B&Bs and vacation rentals, combining booking engine, channel manager, and revenue management tools.

Italian Artisan operates a platform connecting fashion brands and retailers with a network of Made-in-Italy manufacturing workshops, offering custom production, ready-made designs, and supply-chain visibility.

Advanced ManufacturingB2B MarketplacesSaaS

iubenda provides a digital compliance platform that helps businesses create and manage privacy policies, cookie banners, terms and conditions, and accessibility documentation to meet global privacy regulations.

LegalTechSaaS

AGAndrea Giannangelo(Founder)inRNRaffaele Negroin

Co-investors212100 Ventures4D4Di CapitalBRBrighteye VenturesMEMetrika SGR S.p.A.P1P101 VenturesPLPlay Ventures+11 more

PingOne Recognize is a biometric authentication platform that uses zero-knowledge cryptography to enable secure identity verification and re-authentication while preserving privacy.

CybersecurityEnterprise SoftwareSaaSLondon

ACAndrea Carmignani(Director)inFEFabian Eberle(Founder)in

BoardMiko Matsumura(Director)Lucio De Constanzo(Director)

Co-investorsBLBlockchain Valley Ventures, LlcKIKickstart InnovationLOLoyal VCPRPrivilège VenturesBLBlockchain Valley Ventures AGGUgumi Cryptos Capital (gCC)+2 more

Leaf Space operates a ground station network providing Ground Segment-as-a-Service infrastructure for satellite operators, enabling flexible access to satellite communications without owning ground infrastructure.

Deep TechIoTSaaSSpace TechMilan, IT

JPJonata Puglia(Founder)inGLGian Luca Ottinoin

Co-investorsCDCDP Venture CapitalNENeva Sgr.SISIMEST

Lithium Lasers develops tunable GHz burst femtosecond laser systems with patented full burst-modulation technology for ultra-precise material processing, and runs an in-house micromachining lab for process development and on-demand part production.

Advanced ManufacturingDeep TechHardware

Co-investors36360 Capital

Mapendo is a mobile user-acquisition company that uses machine-learning algorithms to connect advertisers' apps and services with relevant users at scale, aiming to keep acquisition campaigns ROAS-positive.

AdTechAI & Machine LearningMarketing Tech

LVlorenzo viscanti(Founder)inMarco Marchini(Founder)in

Co-investorsITItalian Angels for Growth

Mindesk is a real-time BIM and CAD platform that connects CAD software with virtual reality and Unreal Engine 5, letting design teams view, edit, and review 3D models immersively.

Construction TechHardwareSaaS

Mon5 is an Italian cybersecurity startup that builds threat-detection and monitoring software (MON5hield) to protect operational technology environments like manufacturing, energy, and critical infrastructure.

Openmart provides a verified database of 50,000+ real estate investors across the United States, including investment firms, property investors, and syndicates, with enriched contact data for B2B sales and marketing teams.

AI & Machine LearningB2B MarketplacesData & InfrastructureEnterprise SoftwareSaaSSales TechSan Francisco, US

RHRichard He(CEO)inKWKathryn Wu(Founder)inKWKathryn Wu🤝(Founder)inRichard He Kathryn Wu(Founder)Jin Zhou(operation lead)

Co-investorsAFAfore CapitalRERebel FundY Y CombinatorBRBrighter CapitalEIEight CapitalGAGaingels+10 more

Co-investorsE2E2MC Ventures

Pedius is a mobile app that lets deaf and hard-of-hearing people make phone calls independently by converting their typed messages into speech and transcribing the other party's spoken replies into text in real time.

AI & Machine LearningDigital HealthHealthtechRome, IT

Co-investorsCDCDP Venture CapitalKIKickstart Innovation

Primo Capital is an Italian independent alternative investments platform managing funds focused on climate, health, digital, and space technology sectors.

Climate TechHealthtechSpace Tech

Co-investorsCDCDP Venture Capital

PunchLab is a boxing workout app offering 300+ guided workouts with real-time punch tracking via Bluetooth wrist trackers or a phone-mounted punching bag strap that uses motion sensors.

HardwareSports TechWellness & Fitness

VRValerio Raco(Founder)in

Co-investorsLVLVenture Group

Qomodo is a digital payment platform offering merchants a smart POS that accepts card payments and lets customers pay in installments (2 to 12 payments, up to €5,000) while the merchant is paid immediately.

FintechRetail TechSaaSMilan, IT

GDGaetano de Maio(Founder)in

Co-investorsINInsiders VenturesLMLMDV CapitalLULumen VenturesPLPlug and Play VenturesPRProximity CapitalRTRTP Global+1 more

Quantum Bridge develops quantum-safe communication technology to protect internet communications against classical and quantum threats, working on quantum entanglement generation and quantum repeaters.

CybersecurityDeep TechQuantum ComputingToronto, CA

MMMattia Montagna(CEO & Co-founder)inHLHoi-Kwong Lo(CSO & Co-founder)in

Co-investorsBABacchus Venture CapitalGOGood News VenturesICIcebook Investments Corp.TOToronto Innovation Acceleration Partners

RARA Factory develops next-generation materials by combining physics-driven AI with high-throughput synthesis and advanced characterization, aiming to replace scarce and critical raw materials with sustainable alternatives.

AI & Machine LearningDeep TechNew Materials

Co-investorsCDCDP Venture Capital

SardexPay operates a complementary currency and business-to-business payment circuit that lets companies trade goods and services in "Sardex" credits at zero interest, preserving cash liquidity.

B2B MarketplacesFintech

Co-investorsCDCDP Venture Capital

Servitly provides a no-code platform for digital product-service systems that enables manufacturers and service providers to create data-driven after-sales services and move from reactive to proactive service models.

Enterprise SoftwareIoTSaaS

Shop Circle is a holding company that acquires and modernizes B2B enterprise software businesses, applying AI to operate and grow the companies it owns.

AI & Machine LearningEnterprise SoftwareSaaSLondon, GB

GMGian Maria Gramondi(Founder)in

Co-investors3V3VC64645 VenturesBLBlackSheep VenturesCDCDP Venture CapitalEUEUREKA! VentureFIFirst Check Ventures+4 more

Sibill provides technology to help small and medium-sized businesses simplify their administrative and financial management, giving them clearer visibility to make informed decisions.

AI & Machine LearningFintechSaaSMilan, IT

DPDario Prencipe(Founder)in

Co-investorsKEKeen Venture PartnersPLPlug and Play VenturesCRCreandum

Sidereus Space Dynamics was a space technology research and development company operating in Italy and Europe.

Deep TechSpace Tech

Luca Principi(Founder)Massimiliano Masciarelli(Founder)Mattia Barbarossa(Founder)

Co-investorsCDCDP Venture Capital

Streamable provides live streaming infrastructure and server technology for content creators, enabling multi-platform broadcasting to services like Twitch and YouTube with features like drop protection, smart buffering, and vertical format support.

AI & Machine LearningConsumerCreator EconomyMedia & EntertainmentSaaSSan Francisco, US

NANang Ang(CEO)inMBManav Bokinala(Founder)inDuke Pan

Co-investorsY Y CombinatorCACapitalize VCEXExit VenturesFUFunders FoundersGOGoodwater CapitalLYLyra Capital Pty Ltd+2 more

Trovabirre runs a B2B online marketplace connecting Italian craft breweries directly with bars, restaurants, pizzerias and shops, and offers its own logistics for order fulfillment.

Vection Technologies is a business-to-business technology provider.

Enterprise Software

Co-investorsCDCDP Venture Capital

WithLess offers corporate expense management with payment cards (no FX fees, cashback), pre-spend budget approval policies, and an AI agent that categorizes expenses, matches receipts, flags anomalies, and posts entries directly to a company's ERP.

AI & Machine LearningFintechSaaS

Co-investorsGRGrowth CapitalGRGrowth Engine

WordLift offers a semantic SEO platform that combines natural language processing, knowledge graph technology, and machine learning to help businesses increase organic website traffic and optimize content for voice search and virtual assistants.

AdTechAI & Machine LearningMarketing TechSaaS

FSFrancesco Scavelli(Co-founder & Chief Financial Officer)inAugusto Equizi(Co-founder)AVAndrea Volpini(Chief Executive Officer)inDRDavid Riccitelli(Chief Technology Officer)inJLJason Lam(Chief Product & Operating Officer)inGCGennaro Cuofano(Chief Revenue Officer)in

Co-investorsGRGrowth Capital