a|impact
a|impact is a Milan-based Italian impact-investment firm that manages two SFDR Article 9 alternative investment vehicles (Fondo 1 and Fondo 2), deploying €40M+ of equity and quasi-equity into SMEs and innovative startups that combine financial returns with measurable social, environmental, and cultural impact.
- Company typePrivate
- Founded2018
- HeadquartersMilan, Italy
- Headcount1–10
- GTM typeB2B
- OfferingServices
What a|impact does
a|impact is an Italian impact-investment firm headquartered in Milan at Via A.M. Ampère 61/A, operating as a wholly-owned subsidiary of AVANZI S.P.A. SB, a Società Benefit (benefit corporation). The firm manages alternative investment vehicles (FIA) — specifically Fondo 1 (a|impact Fondo 1) and Fondo 2 (a|impact II) — that provide equity and quasi-equity capital to Italian SMEs and innovative startups integrating social, environmental, and cultural impact objectives into their growth models. Across its first two vehicles a|impact reports more than €40 million in capital deployed and over 20 investments, and its structures are classified under SFDR Article 9 (impact), the highest EU ESG disclosure tier.
The investment team is composed of four partners — Matteo Bartolomeo (co-founder and CEO), Davide Dal Maso (vice president), Simona Testoni, and Davide Zanoni — combining expertise in impact investing, venture capital, private equity, business acceleration, and strategic consulting. a|impact differentiates on an integrated offering of capital, skills, networks, and ecosystems, with a stated focus on long-duration impact at the community, citizen, and organizational level. Recent activity includes a €350,000 investment from Fondo 1 into id-eight, a sustainable sneaker brand, and the release of a 2025 portfolio impact report and a "Personae" startup cohort.
The business model is a closed-end fund-management model: management fees (and potentially carried interest) on committed and deployed capital from limited partners, partially offset by deal-by-deal structuring on the investee side. Distribution is direct to qualified/professional investors permitted under Italian FIA regulation, supplemented by a corporate website, LinkedIn presence, and a news section covering fund activities. Pricing of investment products is not publicly disclosed, and the firm reports no SaaS, licensing, or transaction-fee revenue streams beyond fund economics.
a|impact firmographics
Firmographics- Name
- a|impact
- Legal name
- AVANZI S.P.A. SB
- Website
- https://aimpact.org
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- a|impact is a Milan-based Italian impact-investment firm that manages two SFDR Article 9 alternative investment vehicles (Fondo 1 and Fondo 2), deploying €40M+ of equity and quasi-equity into SMEs and innovative startups that combine financial returns with measurable social, environmental, and cultural impact.
- Ownership category
- akta.pro rank
a|impact industry classification
Industry- Product category
- Impact Investment / Venture Capital & Private Equity
- NAICS
- Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)
- akta.pro secondary industries
- Impact / ESG Venture Capital (FSANAAAG), Social Impact & Inclusive Finance Funds (FSANAJAH)
Keywords
Where a|impact is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
a|impact business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Distribution channels1 record
Marketing channels3 records
a|impact product offering
Product offeringCore offering
a|impact operates two Italian alternative investment funds (Fondo 1 and Fondo 2 / FIA vehicles) that invest equity or quasi-equity capital into Italian SMEs and innovative startups integrating measurable social, environmental, and cultural impact objectives into their growth models. The firm combines capital with expertise, network, and ecosystem support to deliver both financial returns and positive impact across €40+ million deployed across two fund vehicles and 20+ investments to date.
Product overview
a|impact is an impact investment firm that operates through two alternative investment fund vehicles (FIA) — Fondo 1 and Fondo 2. These funds are dedicated to supporting high-potential SMEs and innovative startups that integrate social, environmental, and cultural impact objectives into their business models. The firm combines capital, expertise, networks, and ecosystems to generate sustainable growth while delivering both financial returns and measurable positive impact.
Differentiator
Problem solved
Functional benefit
Brands
- Fondo 1: First alternative investment vehicle dedicated to high-potential businesses integrating social, environmental, and cultural impact objectives.
- Fondo 2 (a|impact II)
Products and services
- Fondo 1 (a|impact Fondo 1) The first Italian alternative investment fund (FIA) managed by a|impact, dedicated to providing equity or quasi-equity capital to high-potential SMEs and innovative startups that integrate social, environmental, and cultural impact objectives into their growth models. Targeted at Italian SMEs and startups seeking impact-aligned growth capital.
- Fondo 2 (a|impact II) The second Italian alternative investment fund (FIA) managed by a|impact, continuing the firm's strategy of providing equity or quasi-equity capital to high-impact, high-growth SMEs and innovative startups. Targeted at Italian SMEs and startups seeking impact-aligned growth capital.
Companies that use a|impact
Customer profileSegments2 records
Ideal customer profiles3 records
a|impact technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
a|impact partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
a|impact competitors and assessment
Company assessmentDirect peers
- Oltre Impact: Italian impact venture capital firm investing in early-stage companies with social and environmental objectives. Directly comparable to a|impact on geography, stage, and impact mandate, competing for the same Italian SME/startup deal flow.
- Indaco Capital Partners: Italian venture capital manager running multiple early-growth and impact-adjacent funds. Comparable to a|impact as a domestic Italian VC with thematic/sustainable strategies targeting SMEs and innovative startups.
- Bridges Fund Management: UK-based dedicated impact investment manager running private equity, venture, and debt strategies. Comparable to a|impact in mission, multi-fund structure, and focus on measurable social/environmental outcomes alongside financial returns.
Broad incumbents
- Triodos Investment Management: Major European sustainable investment manager with multiple impact funds across private equity, debt, and infrastructure. Comparable as a larger, established pan-European impact manager with Article 9-aligned funds pursuing similar thesis areas to a|impact.
- BlueOrchard Finance: Swiss-headquartered global impact investment manager with private debt and equity strategies. Comparable as a larger incumbent in the impact-investing space pursuing measurable social/environmental outcomes alongside financial returns.
- Acumen: Global impact investment organization deploying patient capital into early-stage companies addressing poverty. Comparable as a long-established impact investor blending financial and social returns in venture and growth-stage strategies.
- Azimut Group: Large Italian independent asset manager with diversified product offerings including sustainable/ESG strategies. Comparable as a domestic Italian capital partner with institutional reach, though broader and not impact-pure.
Regional players
- Kairos Partners: Italian asset management firm offering thematic and sustainability-oriented strategies. Comparable as a domestic Italian peer with ESG/sustainable product offerings and similar institutional and qualified-investor client base.
Emerging players
- Anthos Asset Management: Dutch impact-focused asset manager building integrated portfolios across listed and private impact strategies. Comparable as a European specialist in private-market impact investing pursuing measurable social/environmental outcomes.
Others
- Big Society Capital: UK social-investment institution channeling capital into impact-focused fund managers and social enterprises. Comparable as a like-minded impact capital allocator; relevant ecosystem peer for fundraising co-investment and credibility.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
a|impact social profiles
Digital presencea|impact compliance and trust
Trust signalCompliance1 record
a|impact financial estimates
Financial estimateRevenue estimate
Valuation estimate
a|impact leadership team
Management profileNumber of profiles
Profiles4 records
a|impact subsidiaries and ownership
Company hierarchySubsidiaries2 records
a|impact funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
a|impact M&A and investment
M&A and investmentM&A
Investments11 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about a|impact
What does a|impact do?
a|impact operates two Italian alternative investment funds (Fondo 1 and Fondo 2 / FIA vehicles) that invest equity or quasi-equity capital into Italian SMEs and innovative startups integrating measurable social, environmental, and cultural impact objectives into their growth models. The firm combines capital with expertise, network, and ecosystem support to deliver both financial returns and positive impact across €40+ million deployed across two fund vehicles and 20+ investments to date.
Is a|impact a public or private company?
a|impact is a private company. It is classified as corporate owned and is currently operating.
When was a|impact founded?
a|impact was founded in 2018. It employs 1 to 10 people.
Where is a|impact based?
a|impact is headquartered in Milan, Italy, in the Europe region.
Who are a|impact's main competitors?
Direct peers on record are Oltre Impact, Indaco Capital Partners and Bridges Fund Management. Broad incumbents are Triodos Investment Management, BlueOrchard Finance, Acumen and Azimut Group. Kairos Partners is listed as a regional player. Anthos Asset Management is listed as an emerging player. Big Society Capital is listed as an others.
Does a|impact have an API?
No public API is recorded for a|impact.
What industry is a|impact in?
a|impact's product category is Impact Investment / Venture Capital & Private Equity. Its primary akta.pro industry code is FSAAALAG, Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure), with a secondary code of FSANAAAG, Impact / ESG Venture Capital. Its NAICS code is 52394 and its SIC code is 6282.