The main theme of the report is the state of venture capital in Italy in 2025.
Key findings include: Italian startups are on track to raise over $1 billion in 2025 despite the absence of large funding rounds so far. The main segments in 2025 are artificial intelligence and climate technologies. There are about 2000 venture-backed companies in Italy with a combined value of $60 billion. Italy lags behind other European countries such as Spain, Sweden, and France in terms of the aggregate value of startups.