Milan-based venture capital firm P101 SGR has recently closed their latest fund, Programma 103. It has reached its final commitment of €250 million! With this new fund, Innogest has the opportunity to strengthen Italy’s role in the European tech scene by making early-stage investments into domestic startups. P101 SGR plans to invest primarily in Series A and Series B rounds in digital and technology-oriented businesses. They intend to invest anywhere from €1 million to more than €10 million in these projects. The firm’s strategic vision includes plans for more than 3,000 high-skilled jobs. By 2030, they envision earning €5 billion in cumulative portfolio revenue.

Established in 2013 by Andrea Di Camillo, P101 SGR has quickly become one of the most prominent venture capital firms in Italy. Managing more than €500 million across five funds, the firm has completed over 100 funding rounds and achieved 15 exits, with its portfolio companies gaining substantial revenue and international recognition. With a focus on Southern European markets, specifically Italy and Spain, P101 SGR’s investment strategy reaches beyond their borders to other attractive European markets.

Investment Strategy and Focus

P101 SGR is all about accelerating early-stage startups. It aims specifically at investments in the Series A and B stages. The investment firm specializes in growth stage digital and technology-focused companies throughout Europe, investing €1 million to more than €10 million. This strategy allows P101 SGR to recognize and develop startups with significant growth potential, helping them through essential stages of development.

The firm's commitment extends beyond financial investment. P101 SGR actively supports its portfolio companies through strategic guidance, operational expertise, and access to a broad network of industry contacts. This all-encompassing support network not only increases the likelihood of these startups’ success but fosters their sustainable growth as well.

“Our ambition isn’t just to fund startups, but to reshape Italy’s economic DNA for the digital age,” - Andrea Di Camillo

Impact and Achievements

P101 SGR is ensuring that European tech scene has some vibrant Italian flavor. It gets better! Cortilia, supported by investor P101 SGR, is unique for its remarkable accomplishments. AI-powered inventory management helped the company cut food waste by 30%. This sends a strong signal about the firm’s commitment to supporting innovative solutions that tackle real-world challenges.

At P101 SGR, our in-house recruiters made a remarkable accomplishment in 2024. They assigned 45 C-suite executives into their portfolio companies, reducing time-to-hire by 40%. This accomplishment is an example of the firm’s dedication to providing community-driven financial solutions. It further highlights their commitment and belief in delivering strategic human capital to their portfolio companies. These initiatives have fueled significant top-line growth for most of the startups in P101 SGR’s portfolio. In doing so, they’ve become world-famous in the process.

In fact, by 2030, P101 SGR anticipates that Programma 103 will directly produce over 3,000 high-skilled jobs. It will cumulatively create quite the €5 billion in portfolio revenue. These bold aspirations reaffirm the firm’s dedication to fostering economic development and sparking innovation within the European tech ecosystem. P101 SGR focuses on smart, sustainable growth and long-term value creation. This emphasis positions them at the forefront of aligning the future of the European tech ecosystem.

Future Outlook

With the launch of Programma 103, P101 SGR is poised to further strengthen its position as a leading venture capital firm in Europe. The fund is committing €250 million today to ramp up its early-stage startup investments. This support will ensure a healthy crop of these companies can germinate, take root, and flourish. P101 SGR’s strategic focus on digital and tech-oriented companies is making the right moves to meet the demands of the new economy.

The firm has been very successful making the investments to date. Its ecosystem of support has made it an alluring location and partner for startups seeking investment and mentorship. P101 SGR is dedicated to providing thousands of high-skilled jobs and producing billions in revenue. This commitment powers our economy and ignites America’s ingenuity. As quickly as things are changing in the European tech landscape, there’s much more at play. P101 SGR stands poised to take on a central role in determining that future.