P101 SGR

P101 SGR is a prominent Italian venture capital firm specializing in early and growth-stage investments in digital and technology-driven companies across Europe. Founded in 2013 by Andrea Di Camillo, the firm manages assets totaling approximately €500 million across multiple funds, including Programma 101, Programma 102, and the recently closed Programma 103. The firm focuses on sectors such as fintech, proptech, edtech, and cybersecurity, with a strong emphasis on sustainability and digital transformation.

The firm's investment strategy involves taking minority stakes and providing hands-on advisory support to portfolio companies, assisting them in scaling operations and achieving international growth. P101 SGR has a track record of over 290 transactions in 12 years, with approximately 20 successful exits. Notable portfolio companies include Musixmatch, Musement, Octorate, Tannico, Viralize, and Deporvillage. The firm has also achieved approximately 20 successful exits over its 12 years of operation.

P101 SGR's commitment to fostering innovation is further demonstrated by its recent closing of Programma 103, a €250 million fund targeting early and growth-stage investments. This fund aims to strengthen Italy's position in the European tech landscape and bridge the nation's venture capital gap. The fund has already completed 11 investments, including Carol Health, Italy's first fully digital primary care service, and Cosmico, a Talent-as-a-Service platform connecting corporates with freelancers. The firm's operational model extends beyond funding, providing shared DevOps resources to optimize cloud costs, offering ESG toolkits developed in collaboration with Politecnico di Milano, and utilizing a dual fund structure that enables retail investors to participate through Azimut's platform. This approach broadens Italy's investor base while adding capital and expertise to the ecosystem.

P101 SGR's ambition is not just to fund startups but to reshape Italy's economic DNA for the digital age, aiming to create over 3,000 high-skilled jobs by 2030 and generate €5 billion in cumulative portfolio revenue, doubling its previous funds' achievements. The firm also plans to attract €1.5 billion in follow-on funding from global investors, further solidifying its role in the European venture capital landscape.