Italy has lots of untapped opportunities for VCs

Jun 18, 2014 1207

In Italy there's a rising tide of tech-orientated entrepreneurs, favorable legal reforms, tax incentives, a swelling pool of highly skilled technical talent and the emergence of incubators and accelerators are among some of the contributors to an increasingly attractive Italian tech ecosystem. In the past 12 months alone 1,800 startups have set up in Italy — yet there are currently only 22 VCs.

Clearly, there are opportunities for more VCs to enter the market. And, there's scope for these potential VCs to manage bigger deals as the concentration of startups at early-stage in Italy is high, with funding currently in the hands of very few — realistically, fewer than 10 VCs.

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Fonte: Italian Good News

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