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Digital Magics

Europe, Lombardia, Italy, Milan

Description

Digital Magics is a prominent certified business incubator based in Milan, Italy, established in 2004. As a publicly traded entity on Euronext Growth Milan (DM), it holds a unique position within the Italian venture capital landscape, combining incubation services with direct equity investments. The firm is dedicated to supporting innovative digital startups from their earliest stages, providing not only capital but also strategic and financial consulting, mentorship, and access to an extensive network of industry partners and investors.

The incubator's investment strategy primarily targets early-stage digital ventures across a broad spectrum of sectors, including fintech, artificial intelligence, IoT, e-commerce, media, and gaming. Digital Magics typically engages with companies at the seed and early-stage venture phases, extending its support through to Series A rounds. Its comprehensive approach aims to accelerate the growth of its portfolio companies, leveraging its deep market expertise and operational support.

Digital Magics boasts a significant track record, having made over 100 investments in promising digital startups since its inception. This extensive portfolio demonstrates its commitment to fostering innovation within the Italian tech ecosystem. Furthermore, the firm has successfully navigated more than 20 exits, validating its investment thesis and ability to identify and nurture high-potential companies. Its typical first cheque for startups ranges from an initial cash injection, often complemented by the value of its incubation services, designed to provide crucial early-stage capital and operational support.

This structure allows Digital Magics to be a hands-on partner, guiding startups through critical development phases. Its role as a listed incubator also provides transparency and a unique model for public participation in early-stage venture capital, contributing significantly to the development of Italy's digital economy.

Investor Profile

Digital Magics has backed more than 92 startups, with 0 new investments in the last 12 months alone. The firm has led 46 rounds, about 50% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Italy, United States, United Kingdom.
  • Strong thematic focus on Software, E-Commerce, Financial Services.
  • Typical check size: $54K – $324K.

Stage Focus

  • Seed (57%)
  • Pre Seed (25%)
  • Series Unknown (12%)
  • Equity Crowdfunding (2%)
  • Angel (2%)
  • Convertible Note (1%)
  • Undisclosed (1%)

Country Focus

  • Italy (93%)
  • United States (3%)
  • United Kingdom (2%)
  • The Netherlands (1%)

Industry Focus

  • Software
  • E-commerce
  • Financial Services
  • Fintech
  • Internet
  • Artificial Intelligence (Ai)
  • Information Technology
  • Social Media
  • Food And Beverage
  • Insurance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Digital Magics frequently co-invest with?

Reale Group
Europe, Piemonte, Italy, Torino
Co-Investments: 2
Lazio Innova
Europe, Lazio, Italy, Rome
Co-Investments: 5
NovaCapital
Europe, Lombardia, Italy, Milano
Co-Investments: 2
56CUBE
Europe, Campania, Italy, Fisciano
Co-Investments: 2
Cassa Depositi e Prestiti
Europe, Lazio, Italy, Rome
Co-Investments: 2
Atlante Seeds
Europe, Lombardia, Italy, Milano
Co-Investments: 2
Innogest Capital
Europe, Lombardia, Italy, Milan
Co-Investments: 2
Gabetti
Europe, Lombardia, Italy, Milan
Co-Investments: 3
ML
Europe, Lombardia, Italy, Milan
Co-Investments: 2
CDP Venture Capital
Europe, Lazio, Italy, Rome
Co-Investments: 8

Which angels does Digital Magics often collaborate with?

GL
Europe, Lombardia, Italy, Milan
Shared Deals: 1
BF
North America, Colorado, United States, Boulder
Shared Deals: 1
PD
Europe, Lombardia, Italy, Milan
Shared Deals: 1
AR
Europe, Ticino, Switzerland, Lugano
Shared Deals: 1
David Larrabee
North America, Kansas, United States, Prairie Village
Shared Deals: 1
LG
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
SM
Europe, Lombardia, Italy, Milan
Shared Deals: 2
Shared Deals: 1
AG
Europe, Lombardia, Italy, Monza
Shared Deals: 2

What are some of recent deals done by Digital Magics?

To Be

Latina, Lazio, Italy

To Be designs, develops, and sells LiFi and IoT solutions.

Internet of ThingsOptical CommunicationWireless
Equity CrowdfundingDec 18, 2023
Amount Raised: $1,092,333
AstraKode

Pescara, Abruzzi, Italy

SaaS, Enterprise Blockchain Development, Low Code Platform, Smart Contract Development

BlockchainInformation TechnologySmart ContractsSoftware
Pre SeedSep 14, 2023
Amount Raised: $106,350
Mangrovia

Rome, Lazio, Italy

Shop di Prodotti Sostenibili

E-CommerceSustainability
Pre SeedJun 1, 2023
Amount Raised: $107,607
Lokit Technology Srl

Bari, Puglia, Italy

Lokit is a cutting-edge solution revolutionizing urban mobility with its compact and versatile charging infrastructure for micro-vehicles.

AdvertisingCharging InfrastructureElectric VehicleHardwareLast Mile TransportationTransportation
Pre SeedMay 6, 2023
Amount Raised: $84,080
Optivo Logistics

Roma, Lazio, Italy

Optivo Logistics provides fleet management services to find route for logistics companies.

Fleet ManagementLogisticsTransportation
Pre SeedApr 16, 2023
Amount Raised: $109,845
Ticketoo

Roma, Lazio, Italy

Ticketoo is a Fan community that provides a convenient, safe, and reliable way to buy and sell e-tickets for events in the secondary market.

CommunitiesConcertsEventsSportsTheatreTicketing
Pre SeedFeb 10, 2023
Amount Raised: $106,885
Usophy Kids

Turin, Piemonte, Italy

Reading & learning platform with +10.000 ebooks for children under 12

EdTechEducation
Pre SeedDec 30, 2022
Amount Raised: $107,000
Eligo

Milan, Lombardia, Italy

Marketplace of Personal Stylists

CommunitiesE-CommerceFashionInternetLifestyleMarketplaceProfessional NetworkingRetail
Series UnknownDec 15, 2022
Amount Raised: $1,028,235
Irreo

Rome, Lazio, Italy

Plan irrigation wisely without the need to install any sensor on the field

AgTechFarmingMobile AppsSustainability
SeedNov 23, 2022
Amount Raised: $885,543
Newarc srl

Torino, Piemonte, Italy

Newarc is an artificial intelligence and technology company that assists in the sale and purchase of real estate.

Predictive AnalyticsProperty DevelopmentProperty ManagementReal EstateReal Estate InvestmentSoftware
Pre SeedNov 17, 2022
Amount Raised: $132,623