Eureka Venture

Profile

Eureka! Venture SGR is an independent venture capital firm based in Milan, Italy, founded in 2016. The firm specializes in deep tech, science-based investments, and digital tech investments. Led by CEO Stefano Peroncini, Eureka! is positioned as a bridge between academia and industry through its tech transfer-focused strategies. The team consists of experienced venture capital professionals with over 25 years of experience in venture investing and 35 years in technology transfer, which sets them apart as seasoned managers in the tech investment landscape.

Eureka! focuses on investing in early-stage startups, specifically pre-seed and seed, with a primary interest in AI applications and urbantech. The typical investment size ranges from pre-seed cheques up to €200,000 and follow-ons up to €1 million, primarily within Italy but also spanning the broader European ecosystem. As of now, the firm's investment management includes funds such as Eureka! Fund I and BlackSheep Fund, with the newly announced AI and Urbantech Fund aiming to target €55 million, contributing to total raised funds exceeding €135 million.

Noteworthy investments by Eureka! Venture include AlterEco Pulp, Astradyne, Spoki, Kleeks, and Re4Real. These portfolio companies span across various tech applications such as deep tech, marketing technology, and urban technology solutions. The firm utilizes its extensive network and experience to assist portfolio companies in scaling and achieving successful market entries.