PP101
P101 SGR is a Milan-based independent venture capital firm founded in 2013 by Andrea Di Camillo, investing in digital and technology-driven companies in Italy and Europe from early to growth stage. It manages about €500M across its Programma 101, Programma 102 and Programma 103 funds; Programma 103 closed at €250M in 2025 and writes an average ticket of about €5M, with a focus on fintech, proptech, edtech, cybersecurity and other B2B and B2C digital services. Its limited partners include the European Investment Fund, CDP Venture Capital, Azimut, Inarcassa, Enpam and Compagnia di San Paolo. The portfolio of around 180 founders and 24 exits includes Musement, Fatmap (acquired by Strava), Tannico, Deporvillage, Cortilia, Milkman, Musixmatch, Habyt, Cyber Guru and Wonderflow.
Team






Portfolio companies 7
Open 4 as list → On map →
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FFunding rounds 14
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2026-08-07 | Mundimoto | Unstaged equity | €4M |
No single lead
+7 more
|
| 2026-04-24 | Incapto | Series B | €10M |
McWin
+7 more
|
| 2025-01-28 | Mundimoto | Series A (estimated) | €8.1M |
Orilla Asset Management
+5 more
|
| 2023-09-27 | Incapto | Series A (estimated) | €6M |
P101
+4 more
|
| 2023-07-05 | Colvin | Series C (estimated) | €6M |
Eurazeo
+5 more
|
| 2023-06-06 | Mundimoto | Series A (estimated) | €10M |
Mutua Ventures, Orilla Asset Management
+3 more
|
| 2022-03-23 | Civitfun | Seed (estimated) | €2M | P101 |
| 2022-02-10 | Mundimoto | Series A (estimated) | €20M |
P101
+2 more
|
| 2021-07-28 | Colvin | Series C | €45M |
Eurazeo
+4 more
|
| 2020-10-28 | Bipi | Series B | €16.5M |
Adevinta Ventures
+7 more
|
| 2020-06-26 | Colvin | Series B | €14M |
Milano Investment Partners (MIP)
+2 more
|
| 2018-10-09 | Colvin | Series A (estimated) | €6M |
P101
+5 more
|
| 2016-07 | Deporvillage | Series B | €3.5M |
Lead not disclosed
+6 more
|
| 2015-07-15 | Deporvillage | Series A | €3.8M |
Samaipata Ventures
+6 more
|
Often invests with 16
Open as list →News 8
Open as list →| Published | Article |
|---|---|
| 2026-06-29 |
P101 expands into seed investing with PranaVentures integration and €100M fund ↗
Tech.eu
2026-06-29 |
| 2026-05-18 |
Cosmico raises €12M in Series B round ↗
Tech.eu
2026-05-18 |
| 2026-05-06 |
P101 backs A-Cube in €4m RegTech round ↗
FinTech Global
2026-05-06 |
| 2026-04-17 |
P101 finalizes exit from Cyber Guru ↗
P101 (press release)
2026-04-17 |
| 2026-04-09 |
TeiaCare raises €7M to accelerate growth and internationalisation ↗
Tech.eu
2026-04-09 |
| 2025-05-15 |
Madrid-listed HBX Group acquires Civitfun from Italian Venture Capital P101 ↗
BeBeez International
2025-05-15 |
| 2025-05-06 |
Hotiday raises £4.6M in funding to create the first decentralised global hotel ↗
Travolution
2025-05-06 |
| 2025-04-22 |
Milan-based VC P101 SGR has closed a €250M fund to strengthen Italy's position in the European tech landscape ↗
Tech Funding News
2025-04-22 |

















