Dealroom.co – Milan Tech Ecosystem Report, 2024

The report by Dealroom.co "Milan Tech Ecosystem Report 2024" analyzes the growth and valuation of startups in Milan, highlighting its significant contribution to Italy's tech ecosystem. As of November 2024, Milan startups are valued at over €29 billion, marking a 15-fold growth over the past decade. Nearly half of Italy's tech ecosystem value is concentrated in Milan, underscoring its role as a hub for innovation and technology in the country. The report uses data from recent VC rounds, public markets, and disclosed valuations to provide insights into the ecosystem's dynamics. Milan's tech scene is home to some of Italy's most successful companies, contributing significantly to the national economy.