P101

P101 is a prominent Italian venture capital firm headquartered in Milan, established by Andrea Di Camillo. Since its inception, P101 has positioned itself as a key player in the Italian digital innovation ecosystem, primarily focusing on early-stage investments in the digital sector. The firm aims to support promising startups and scaleups, helping them grow from seed to later stages. Its strategic location in Milan allows it to tap into the burgeoning tech scene within Italy and across Southern Europe, contributing significantly to the region's entrepreneurial landscape.

The firm's investment strategy targets digital companies across various sectors, including fintech, e-commerce, SaaS, and digital media, among others. P101 typically invests in Seed, Series A, and Series B rounds. Their initial investment, or first check, generally ranges from €500,000 to €5 million. This flexible approach allows them to back companies at different points in their early growth trajectory. Furthermore, P101 is committed to providing significant follow-on capital, with the potential to invest up to €15 million per company over multiple rounds, demonstrating a long-term commitment to their portfolio companies' success.

P101 has steadily grown its capital base and influence through the successful raising of multiple funds. Their first fund, P101 Fund I, closed with €45 million, followed by P101 Fund II at €80 million. More recently, P101 Fund III (Programma 103) reached €100 million, and they are currently raising P101 Fund IV (Programma 104) with a target size of €150 million, bringing their total assets under management to approximately €375 million across all funds. This substantial capital base enables P101 to support a diverse portfolio of over 70 investments, solidifying its reputation as a leading venture capital firm dedicated to fostering digital innovation in Italy and beyond.