The State of VC in Italy 2026

Italian founders built 31 of their 45 unicorns abroad

Unicorns started by founders who grew up in Italy, by the country where the company was built. Each dot is one unicorn.

14Built in Italy

Started and built at home

31 built abroad

15Built in the US

12 started in the US 3 moved there later

16Built elsewhere

United Kingdom 4, Mexico 2, Singapore 2, Germany 2; Israel, Canada, Belgium, Denmark, Switzerland and France 1 each