Zest
Venture capitalRome · Pre-Seed–Series A · 25 people tracked
Find your way into Zest
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- Alexandra Maiorano163 people can intro you
- Antonella Zullo151 people can intro you
- Asia Santona131 people can intro you
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Investment thesis
Zest is Italy's market leader in early-stage venture capital and startup acceleration, investing in high-value technology startups with the potential to transform their sectors. Backing ambitious founders with capital, expertise, and an international network, the firm targets cutting-edge technologies reshaping markets and society, guided by industry-specific expertise across verticals such as AI, cybersecurity, cleantech, business software, healthtech, insurtech, fintech, consumer tech, and smart city/factory. Alongside its investment activity, Zest supports companies and institutions with tailor-made advisory services for technological transformation through Open Innovation and Corporate Venturing programs, managing multiple investment vehicles and acceleration programs.
Source: firm website, verified Sep 27, 2026.
Team · 25 people
from the firm's website & curatedWhat they invest in
from 8 of 20 portfolio companiesAI & Machine Learning ×3SaaS ×3Mobility & Transportation ×2Circular Economy ×1Cleantech ×1Climate Tech ×1Crypto & Web3 ×1Data & Infrastructure ×1
HQs:Italy×2United Kingdom×1
Investments · 20 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12 dated
Apside is a special purpose vehicle and joint venture between Intesa Sanpaolo and Zest Group that invests in post-seed stage startups showing strong growth potential and validated market products.
FintechInsurTechPropTechRome, IT
PartnerAntonella Zullo· solo GP
Arxax provides software and logistics optimization services for transport companies to access wholesale fuel prices, optimize refuelling routes, and manage carbon compliance through telematics, AI, and IoT technologies.
AI & Machine LearningCleantechClimate TechLogistics & Supply ChainMobility & TransportationLondon, GB
Co-investorsEIT Urban Mobility Accelerator
Elai uses generative-AI reasoning to automatically build predictive AI models from raw, unstructured data, handling data cleaning, model generation, integration, and retraining.
AI & Machine LearningData & InfrastructureSaaS
Co-investorsGrowth Engine
Epic (formerly Ethernity) operates a crypto-based travel booking platform offering discounted hotels and flights worldwide, with cashback in XRP and concierge access for holders of its EPIC token.
Crypto & Web3Travel & Hospitality
Co-investorsGFT VenturesMorningstar VenturesWoodstock FundZillionize
Heallo develops sustainable ingredients from plant by-products to improve nutrition, including a soluble fiber that lowers the glycemic response of foods and beverages.
Circular EconomyFoodTechWellness & Fitness
Co-investorsKickstart Innovation
Intuos provides an integrated aviation operations platform combining flight management software, real-time flight monitoring hardware, and predictive engine analysis for flight schools, commercial operators, and maintenance organizations.
Enterprise SoftwareIoTMobility & TransportationL Aquila, IT
PartnerAntonella Zullo· solo GP
Co-investorsTechstarsArgoCDP Venture Capital
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
Andrea Giannangelo(Founder)inRaffaele Negroin
PartnerAntonella Zullo· solo GP
Co-investors2100 Ventures4Di CapitalBrighteye VenturesMetrika SGR S.p.A.P101 VenturesPlay Ventures+11 more
Sartiq provides an AI fashion photography platform that turns flat-lay or phone product photos into styled, on-model catalogue images and campaigns, with custom or virtual models, brand-book consistency, and human review at each stage.
AI & Machine LearningRetail TechSaaS
Luca Ambrosini(Founder)in
PartnerAntonella Zullo· solo GP
Co-investorsKickfund
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Bitcoin PeopleEXE EngineeringGEVILoudMopsoOpen TOS ModelingOS ModellingQuramiSetflowTheta
Portfolio news
latest coverage across their companiesIntuos · eu-startups.com · Feb 16, 2026
Arxax · arxax.com · Apr 12, 2025
Frequently asked questions
- How many investments has Zest made?
- Zest has 20 tracked investments, 1 of which have exited, including 2 dated in the last 24 months.
- What stage does Zest invest at?
- Zest invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Zest focus on?
- Zest focuses on AgTech, AI & Machine Learning, Cleantech, Consumer, Cybersecurity, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, FoodTech, Healthtech, InsurTech, SaaS, Sector Agnostic.
- Where is Zest located?
- Zest is headquartered in Rome, IT.
- Who does Zest co-invest with?
- Zest most often shares deals with 4Di Capital, Brighteye Ventures, P101 Ventures, among 18 tracked co-investors.
Media · Podcasts & interviews
featuring the teamRoberto Magnifico, Partner - Board Member Zest Group
Agenzia per la cybersicurezza nazionale · Roberto Magnifico
Antonella Zullo CEO Zest Innovation - CEOforLIFE Round Table Zest Innovation
CEOforLIFE AWARDS · Antonella Zullo
Images
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