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Italian Angels for Growth

Europe, Lombardia, Italy, Milan

Description

Italian Angels for Growth (IAG) stands as Italy's largest and most prominent business angel network, established in 2007. Comprising a robust community of over 400 business angels, IAG serves as a crucial bridge between innovative early-stage startups and experienced private investors. The network's primary objective is to identify, evaluate, and fund promising ventures, leveraging the collective expertise and capital of its members to foster the growth of the Italian startup ecosystem. Their model emphasizes active participation from angels, providing not just financial backing but also strategic guidance and access to valuable industry networks.

IAG primarily targets early-stage companies, focusing on Seed, Angel, and Pre-Seed rounds. While their investment scope is broad, they generally gravitate towards tech-driven sectors including Digital, Life Sciences, MedTech, Cleantech, Fintech, FoodTech, and Industry 4.0. The network's typical first cheque size for a startup ranges from €100,000 to €500,000, often participating in rounds alongside other venture capital funds or angel groups. This collaborative approach allows them to support larger funding rounds and provide more comprehensive support to their portfolio companies.

Since its inception, Italian Angels for Growth has made a significant impact on the Italian startup landscape. The network has collectively invested over €50 million into more than 120 startups, demonstrating a consistent commitment to nurturing nascent businesses. This substantial capital deployment, coupled with the strategic insights from its extensive angel base, positions IAG as a pivotal player in the early-stage investment scene, actively contributing to the development of high-potential ventures across diverse innovative sectors.

Investor Profile

Italian Angels for Growth has backed more than 90 startups, with 2 new investments in the last 12 months alone. The firm has led 20 rounds, about 22% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Angel, Series A rounds (top funding stages).
  • Majority of deals are located in Italy, United States, United Kingdom.
  • Strong thematic focus on Software, Health Care, E-Commerce.
  • Typical check size: $108K – $540K.

Stage Focus

  • Seed (34%)
  • Angel (22%)
  • Series A (16%)
  • Series Unknown (13%)
  • Pre Seed (7%)
  • Series B (4%)
  • Equity Crowdfunding (2%)
  • Grant (1%)

Country Focus

  • Italy (72%)
  • United States (13%)
  • United Kingdom (6%)
  • Switzerland (3%)
  • Israel (3%)
  • France (1%)
  • Finland (1%)

Industry Focus

  • Software
  • Health Care
  • E-commerce
  • Biotechnology
  • Medical Device
  • Medical
  • Artificial Intelligence (Ai)
  • Mobile
  • Information Technology
  • Machine Learning
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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 Italian Angels for Growth frequently co-invest with?

P101
Europe, Lombardia, Italy, Milan
Co-Investments: 3
IE
North America, Wisconsin, United States, Belgium
Co-Investments: 4
Embed Capital
Europe, Lombardia, Italy, Milan
Co-Investments: 4
Boost Heroes
Europe, Lombardia, Italy, Milan
Co-Investments: 4
LVenture Group
Europe, Lazio, Italy, Roma
Co-Investments: 18
Claris Ventures
Europe, Piemonte, Italy, Torino
Co-Investments: 3
Azimut Libera Impresa
Europe, Lombardia, Italy, Milano
Co-Investments: 3
D
Europe, Emilia-Romagna, Italy, Bologna
Co-Investments: 3
Club degli Investitori
Europe, Piemonte, Italy, Torino
Co-Investments: 14
CDP Venture Capital
Europe, Lazio, Italy, Rome
Co-Investments: 8

Which angels does Italian Angels for Growth often collaborate with?

PL
Europe, England, United Kingdom, London
Shared Deals: 1
DP
North America, Washington, United States
Shared Deals: 1
BM
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
Shared Deals: 1
RT
Europe, England, United Kingdom, London
Shared Deals: 1
PG
Europe, Lombardia, Italy, Milan
Shared Deals: 1
Shared Deals: 1
CC
Europe, Lombardia, Italy, Milan
Shared Deals: 1
SG
North America, District of Columbia, United States, Washington
Shared Deals: 1
PM
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Italian Angels for Growth?

Almanax

New York, New York, United States

Almanax provides AI-powered security tools for web3.

Artificial Intelligence (AI)BlockchainCyber Security
Series UnknownJan 22, 2025
Amount Raised: $1,000,000
Restorative Neurotechnologies

Palermo, Sicilia, Italy

Restorative Neurotechnologies is focusing on the development of medical devices and innovative solutions for rehabilitation.

Health CareMedical DevicePsychologyWellness
Series ANov 5, 2024
Amount Raised: $3,280,205
Rubedo Life Sciences

Sunnyvale, California, United States

Rubedo Life Sciences focuses on developing medicines that target the specific cells responsible for aging, known as pathologic cells.

BiotechnologyHealth CareLife Science
Series AApr 22, 2024
Amount Raised: $40,000,000
Clearbox AI

Turin, Piemonte, Italy

Clearbox AI helps companies to unlock and enrich AI and Data projects through the generation of Synthetic Data.

Artificial Intelligence (AI)Information TechnologyMachine LearningSaaSSoftware
GrantJun 15, 2023
norahealth.ai

New York, New York, United States

Nora is the first AI knowledge assistant that delivers precise and personalized joint and muscle pain guidance right when you need it.

Artificial Intelligence (AI)Computer VisionHealth CareMachine LearningSoftware
SeedJun 4, 2023
Amount Raised: $3,500,000
Viceversa

Milan, Lombardia, Italy

Viceversa provides capital to European digital businesses to support companies in sustainable and ethical growth.

Business DevelopmentFinancial ServicesFinTech
Series AMay 8, 2023
Amount Raised: $10,997,035
VOTIS Subdermal Imaging Technologies

Jerusalem, Yerushalayim, Israel

VOTIS provides clinical decision assistance for foot ulcers syndrome and associated diseases.

BiotechnologyHealth CareMedical Device
SeedApr 21, 2023
Amount Raised: $2,270,000
Resalis Therapeutics

Torino, Piemonte, Italy

Resalis Therapeutics sviluppa un farmaco in grado di inibire un micro-RNA per il trattamento di alcune malattie metaboliche

BiotechnologyClinical TrialsHealth CareMedicalPharmaceuticalProduct ResearchTherapeutics
SeedFeb 22, 2023
Amount Raised: $10,605,399
WORA

Milan, Lombardia, Italy

Wora offers same day delivery services by appointment, dedicated to retailers and e-commerce.

Customer ServiceDeliveryE-Commerce
SeedJan 30, 2023
Amount Raised: $650,997
UNGUESS (formerly AppQuality)

Milan, Lombardia, Italy

UNGUESS Optimise QUALITY, EXPERIENCE and SECURITY of your digital solutions.

Application Performance ManagementCrowdsourcingiOSMobileMobile AppsPenetration TestingQuality AssuranceSoftwareUsability Testing
Series BJan 24, 2023
Amount Raised: $10,890,031