Vento, one of Italy's most active private early-stage VCs, is launching a €75 million fund specifically to back Italian startup founders at home and abroad.
The fund originated from the organizers of Italian Tech Week and plans to invest in 375 startups over five years.
Vento aims to bring people from outside Italy to inspire local talent and help the Italian ecosystem grow.
Italy's tech scene is improving, with venture capital investment in Italian startups increasing to $5.72 billion in the last five years.