Primo Ventures

Primo Ventures, headquartered in Milan, Italy, is a prominent venture capital firm specializing in seed and early-stage startups. Evolving from PrimoMiglio SGR, the firm has established itself as a key player in the Italian and European innovation ecosystem, focusing on high-growth technology sectors. Their investment strategy is built around specialized vertical funds, allowing for deep expertise and tailored support within specific industries.

The firm operates through distinct funds, each dedicated to a particular technological domain. Primo Digital, for instance, targets startups in areas such as B2B SaaS, Artificial Intelligence, cybersecurity, and fintech, reflecting the firm's commitment to the digital transformation landscape. Another significant fund, Primo Space, is dedicated to the burgeoning New Space Economy, investing in companies at the forefront of space technology and applications. Additionally, Primo Nao focuses on robotics and industrial automation, showcasing a broad yet specialized investment thesis.

Primo Ventures typically deploys initial cheques ranging from approximately $500,000 to $2,000,000 for seed and early-stage companies. These initial investments are often followed by substantial follow-on rounds, with the potential to invest up to $5 million or even $10 million in subsequent stages, supporting portfolio companies through their growth trajectory. Across its various funds, Primo Ventures manages a considerable amount of capital, with its funds collectively targeting over €200 million (approximately $216 million) in total commitments. The firm has built a diverse portfolio of over 50 companies, demonstrating its active role in fostering innovation and scaling promising ventures across Italy and beyond.