Funding futures, uncovering value in Europe’s most promising startup destination
Profondo Capital is launching its first international VC fund: South Italia Fund I. The first venture fund pooling U.S. and international capital to invest in early-stage tech startup companies based in Southern Italy, Europe’s next startup destination.
South Italia
Fund I
The South Italia Fund invests in pre-seed and seed tech startups in sectors where Italy has global leadership and reputation. We focus on entrepreneurs who use technology and AI to disrupt or augment Italy’s industrial strengths in fields like creative industries, lifestyle & wellbeing and aerospace.
For thousands of years, Southern Italy, territory of innovations, has been a strategic gateway to Europe for people from Africa, the Middle East and the Mediterranean basin. This rich cultural heritage, combined with emerging innovation clusters, positions the region as Europe’s next startup hotspot.
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