Multi-stage VC, Milan

P101 Ventures

Venture capital firm · Milan · Founded 2013

Quick read

P101 Ventures (P101 SGR) is a multi-stage venture capital firm founded in 2013 and headquartered in Milan, Italy. It manages over €400M across five funds — including a dedicated seed platform, Prana Ventures — and has backed more than 58 digital and technology companies across Europe. Its €250M flagship fund, Programma 103, closed in 2024 and targets early-stage startups with demonstrated traction.

Key facts

Founded
2013
Founders
Andrea Di Camillo
Employees
250
Sectors
generalist, saas, fintech, ai
Website
p101.it

Investment thesis

P101 backs early and growth-stage digital and technology companies across Europe, targeting startups with €1M+ ARR across fintech, SaaS, cybersecurity, proptech, and marketplaces. Investments typically range from €1M to €5M with capital reserved for follow-on rounds.

Recent activity

  • 2026investment
    P101 SGR integrated PranaVentures in what both parties describe as the first consolidation deal in Italy's VC market. The combined platform manages more than €600 million in AUM across 80+ active portfolio companies. PranaVentures founder Lisa Di Sevo and partner Guido Giordano continue to run the seed strategy under Andrea Di Camillo's overall control. fundmomentum.vc
  • 2026fundraise
    P101 launched Prana101, a €100 million pre-seed and seed fund targeting a first close by year-end 2026. The fund backs founders building in AI, next-generation digital infrastructure, and software for businesses and consumers across Italy and Europe. fundmomentum.vc
  • Jun 2026investment
    P101 participated in Cosmico's €12 million Series B round. Cosmico is a SaaS company focused on the future-of-work space. tracxn.com
  • May 2026investment
    P101 co-invested alongside Cube Global and Sella in a €4 million round for A-Cube, an Italian regtech company expanding its e-invoicing platform. tracxn.com
  • 2025press
    P101 published its State of Italian VC report, noting the Human & Life Technologies segment — spanning biotherapies, meddevices, digital care, and wellness — reached nearly 30% of total VC investment in Italy in 2025. it.linkedin.com
  • Jul 2025investment
    P101 co-invested with CDP Venture Capital in Toduba's €3.5 million round. Toduba is a fintech platform digitising the employee welfare sector. tracxn.com
  • May 2025investment
    P101 joined 40Jemz Ventures in a €5.5 million funding round for Hotiday, an instant hotel room buying platform. tracxn.com
  • Jan 2026investment
    P101 co-led a €8.5 million financing round for Carol, structured as a mix of equity and a €2 million bank loan from Banca Sella, alongside Futura SGR. tracxn.com
  • Jul 2025investment
    P101 participated in a second tranche of Soplaya's Series A round, which raised an additional €6 million. Co-investors included CDP Venture Capital, Alkemia Capital, and Riello Investimenti Partners. tracxn.com
  • 2025investment
    P101 reached 59 total portfolio companies, with 5 new investments made in the 12 months to May 2026. Its most recent deal was participation in a Series B round for Cosmico. tracxn.com
  • 2025press
    Partner Giorgio Pastarini spoke at the baby vc Bootcamp on April 17th, joining a panel on deal-closing alongside Raffaele Mauro from Primo Ventures. The session was hosted by Sella Venture Partners SGR. linkedin.com
  • 2025press
    Partner Stefano Guidotti took part in LHH's 'Sparks of Business' event series, discussing challenges in the Italian venture capital market alongside senior figures from LHH Recruitment Solutions. linkedin.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Andrea Di Camillo · Founder & Managing Partner
  • Giuseppe Donvito · Partner
  • Glenda Grazioli · Partner
  • Giorgio Pastarini · Partner
  • Tommaso Condulmari · Data Analyst
  • Bartolomeo Bovio · Partner
  • Andrea Romagnoli · Partner

Sources

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Frequently asked

What is P101 Ventures?+

P101 Ventures (P101 SGR) is a multi-stage venture capital firm founded in 2013 and headquartered in Milan, Italy. It manages over €400M across five funds — including a dedicated seed platform, Prana Ventures — and has backed more than 58 digital and technology companies across Europe.

Where is P101 Ventures headquartered?+

P101 Ventures is headquartered in Milan, Italy.

When was P101 Ventures founded?+

P101 Ventures was founded in 2013 by Andrea Di Camillo.

What sectors does P101 Ventures invest in?+

P101 Ventures focuses on generalist, saas, fintech, ai. They primarily invest in these sectors.

How do I prepare for a meeting with P101 Ventures?+

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Generated by briefthecall.com from public web sources. Last updated August 8, 2026. Each claim is linked to its source above.

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