360 Capital funding news – 360 Capital Secures €30 Million in Funding

This fund is part of 360 Capital's strategy to support companies and entrepreneurs as they move from traditional, fragmented sectors to digital ones. Lucrezia Lucotti a 29-year-old partner at 360 Capital, managed the project with help from investor Celeste Mastria.

The fund starts with over €30 million from CDP Venture Capital, which is part of the Digital Transition Fund backed by the EU's NextGeneration EU initiative. This initiative aims to foster growth in the digital innovation ecosystem.

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360 Capital Future Planning

360 Capital plans to continue raising funds to grow 360 Digitaly and attract new investors. The fund's latest investment was in Soource, an AI platform that helps streamline the supplier selection process using automated emails and a powerful search engine.

Lucrezia Lucotti, Partner of 360 Capital, commented: “360 Digitaly represents a bet on a new generation of entrepreneurs in our country. We want to reduce the innovation gap compared to other European ecosystems by stimulating the creation of companies capable of contributing to the economic and technological growth of our country. In Italy, when we talk about entrepreneurial talent, we often refer to the brain drain or the lack of opportunities, but we believe that this trend is reversing and that Italy can become the right country to launch startups in the coming years.”

Agostino Scornajenchi, CEO and General Manager of CDP Venture Capital said, “The investment in 360 Digitaly reflects CDP Venture Capital’s long-term commitment to promoting the development of technologies capable of addressing the challenges of the digital transition, In this closing we have channeled the resources of our Digital Transition Fund, created to manage the PNRR resources allocated by NextGeneration EU with the aim of stimulating the growth of an innovation ecosystem in the sectors of the digital transition.”

About 360 Capital

360 Capital is a Venture Capital firm investing in early stage, innovative deeptech & digital enterprises across Europe. The firm has a 20-year track record of supporting talented tech entrepreneurs in developing ambitious & disruptive companies in a variety of sectors.