P101 is a Milan-based venture capital firm founded in 2013, dedicated to supporting the growth of digital and technology-driven companies across Italy and Europe. The firm is named after the Programma 101, one of the first personal computers developed in Italy during the 1960s - a nod to its commitment to forward-thinking innovation. P101 specializes in early-stage and growth-stage investments, helping promising startups scale through both capital and strategic support. With a strong presence in the Italian startup ecosystem, P101 has become one of the country’s most active VC firms, known for its hands-on approach and strong network of co-investors, corporate partners, and follow-on funders.
P101 focuses on early-stage and growth-stage startups across the digital and technology sectors. While its geographic priority is Italy, the firm also invests across Europe, particularly in sectors undergoing rapid digitization or disruption.
Primary areas of focus include B2C and B2B marketplaces, SaaS and enterprise software, Mobility and automotive innovation, Fintech and edtech platforms, Information services and e-commerce infrastructure. The firm supports companies from seed to Series B, typically with initial investments ranging from €1 million to €10 million and reserves for follow-on funding.
In 2025, P101 announced the close of its latest and largest fund to date (€250 million) aimed at supporting early and growth-stage startups across Europe, with a strong focus on the Italian tech ecosystem.
The fund will allow P101 to lead larger rounds and continue its mission of helping founders scale their businesses sustainably, with flexible capital, operational expertise, and access to international markets. The close of this fund brings P101’s total assets under management to over €400 million.
Leadership
P101 was founded and is led by Andrea Di Camillo, a well-respected figure in the European VC space. With prior experience at Banzai and Vitaminic, he brings decades of entrepreneurial and investment experience. The firm’s team combines operational expertise with deep networks in both corporate and venture communities.
Investment Strategy
P101 takes a collaborative approach to investing, often co-investing with local and international firms to maximize value for portfolio companies. The firm supports its startups not just with capital, but with a platform of services ranging from talent acquisition to strategic guidance and business development. P101 prefers businesses with validated traction, strong teams, and scalable business models that can address pan-European or global markets.
Notable Investments
P101 has made nearly 100 investments to date, including companies such as Mundimoto (automotive marketplace), Habacus (information services for student financing), Cyber Guru (cybersecurity education and awareness platform), BorsadelCredito (fintech SME lending), Cortilia (online grocery delivery).
Notable Exits
The firm has had successful exits through acquisitions and secondary sales, though detailed public information on recent exits is limited.
