Italy’s Z_One Fund secures over €35 million at first close to back AI and UrbanTech startups
Z_One Fund, the Italian venture capital fund managed by Eureka! Venture has announced the first close at more than €35 million, with a total fundraising target of €60 million. The fund’s investor base includes some of Italy’s most prominent institutional investors. CDP Venture Capital SGR has committed capital through its newly launched Fondo Acceleratori 2. […] The post Italy’s Z_One Fund…
Z_One Fund, managed by Eureka! Venture, has raised over €35 million in its first close, with a target of €60 million. The fund, focusing on AI Applications and UrbanTech, has attracted investors such as CDP Venture Capital SGR, Zest, Lazio Innova, Fondazione Compagnia di San Paolo, and private investors. The fund's investors are prominent institutional investors from Italy.
Z_One Fund's investors include experienced professionals, including Luigi Capello, a pioneer in the Italian innovation ecosystem, and Giulio Montoli, who has led a large startup portfolio, and Giulia Fazzini, one of the youngest women partners at an Italian VC firm. The fund's target areas are AI Applications and UrbanTech, with a particular focus on smart buildings, electric mobility, water and waste management, and urban regeneration.
Z_One Fund aims to provide early-stage funding and support to startups, with investment tickets up to €250k and follow-on investments up to €1 million.
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