Invitalia Ventures manages the first public-private co-investment Fund to support the venture capital industry and innovation in Italy. The SGR company is fully owned by Invitalia, the National Agency for inward investment promotion and enterprise development.

Established at the end of 2015 to boost and encourage the development of Tech startups and innovative SMEs, Invitalia Ventures is now positioning as a one of the large early-stage VC operator in Italy.

Thanks to its powerful investors network, Invitalia Ventures provides not only smart capital but also know how and network to support business development of the Italian startup.


With €87 million in capital raised from large subscribers (Ministery of Ecomomic Development/Invitalia, Cisco Investments, the European Investment Bank, the Sardinia Banking Foundation and Metec Group), the Italia Venture Fund is dedicated to early stage equity investments in Italian startups.

We invest in the best-selected startups and Innovative SMEs together with national and international partners.


Board of Directors

Domenico Arcuri


Sergio Buonanno


Cristina Tumiatti

Board Member

Edoardo Garrone

Board Member

Management Team

Sergio Buonanno

Sergio Buonanno


Ciro Spedaliere

Investment Manager

Mario Scuderi

Investment Manager

Philippe Tandeau de Marsac

Business Development Manager




Sergio Buonanno is the new CEO of Invitalia Ventures


The Board Directors of Invitalia Ventures SGR has recently appointed Mr. Sergio Buonanno as new Chief Executive Officer of Invitalia Ventures, the SGR that manages the Invitalia Venture I Fund.



The Berlin-based VC Redstone joins the Investor Network


Redstone Digital has decided to join the Invitalia Ventures Investor Network with the aim to get more visibility on the Italian deal flow as well as investigate potential co-investment opportunities in the IoT, sustainable mobility, Business Intelligence and Fintech related industries.

IGP Decaux

IGPDecaux joins the Invitalia Ventures Investor Network and opens up to innovation


Joining Invitalia Ventures Investor Network is the first step of a long meaningful series towards Open Innovation for IGP Decaux, leader of outdoor advertising sector. With the aim to face the fast-growing change in the media sector, IGP Decaux has indeed decided to invest in the digitization of new processes and products in an innovative and competitive manner.


0039 06421601
Invitalia Ventures SGR - SpA
Via Calabria n. 46 - Roma (RM) – 00187
VAT: 08480100018