Principia SGR

Principia SGR is a prominent Italian venture capital firm based in Milan, established in 2004. It operates as an independent asset management company specializing in closed-end investment funds dedicated to venture capital and private equity. The firm manages two primary funds, Principia II and Principia III (Digital), with combined commitments totaling approximately €90 million. This positions Principia SGR as a significant and long-standing player in the Italian innovation ecosystem, focusing on nurturing early and growth-stage companies.

Principia SGR primarily targets innovative companies across early-stage and growth-stage phases. Their investment thesis is strongly centered on the digital sector, as evidenced by both funds having a significant or exclusive focus on digital ventures. Principia II, launched in 2007 with €40 million in commitments, targets innovative SMEs with a digital emphasis. Principia III (Digital), established in 2013 with €50 million in commitments, is exclusively dedicated to digital companies. The firm seeks to invest in companies demonstrating strong growth potential and disruptive technologies within the digital landscape, reflecting a strategic commitment to the evolving tech market.

While specific initial cheque sizes are not explicitly published, based on their fund sizes and typical European early-to-growth stage VC practices, Principia SGR's first investments generally range from approximately €500,000 to €3,000,000. These figures translate to roughly $540,000 to $3,240,000 USD, with potential for larger follow-on investments as portfolio companies mature. Principia SGR is known for its active role in supporting its portfolio companies beyond capital, leveraging its network and expertise to foster growth. Their long-standing presence since 2004 underscores their commitment to nurturing the Italian tech and digital startup scene, contributing to the development of several successful ventures.