InnovUp
InnovUp is an Italian non-profit industry association founded in 2012 that represents the country's innovation ecosystem, collaborating with partners to publish market intelligence such as the Listup report on life sciences startup investment trends.
- Company typePrivate
- Founded2012
- HeadquartersMilan, Italy
- Headcount1–10
- GTM typeB2B
- OfferingServices
What InnovUp does
InnovUp is an Italian non-profit industry association founded in 2012 and headquartered in Milan that represents the Italian innovation ecosystem, with a particular focus on startups and SMEs in the life sciences sector. The organization does not operate as a commercial entity with proprietary products, platforms, or technology offerings; instead, it functions as a representative body and ecosystem convener. Its core activity centers on producing market intelligence and ecosystem reports — most notably the Listup report, whose fifth edition was published in 2025 in collaboration with Indicon, Italian Tech Alliance, and Growth Capital. These reports track investment trends, new venture formation, AI adoption, and sector performance across the Italian life sciences startup ecosystem.
The association serves Italian life sciences startups, SMEs, and the broader innovation stakeholder base, including investors, corporates, and policymakers. Its 2025 Listup report documented that Italian life sciences startups and SMEs raised €414.1 million in 2025, with €279.5 million (67.5%) raised in H2 2025 — a 135% increase versus H2 2024. The report also tracked 1,591 innovative healthtech companies in Italy, AI adoption in 39.7% of new ventures, and sector dominance (biotech/pharma at 91% of H2 2025 funding), and provided comparative benchmarking against France's 2,738 healthtech companies and €2.3 billion raised. As a non-profit association, InnovUp's revenue model relies on membership dues, partner sponsorships, and collaborative funding rather than commercial product sales; with 1-10 employees, it operates as a lean representative body rather than a scaled commercial organization.
InnovUp firmographics
Firmographics- Name
- InnovUp
- Website
- https://innovup.net
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- InnovUp is an Italian non-profit industry association founded in 2012 that represents the country's innovation ecosystem, collaborating with partners to publish market intelligence such as the Listup report on life sciences startup investment trends.
- Ownership category
- akta.pro rank
InnovUp industry classification
Industry- Product category
- Industry Association Services
- NAICS
- Marketing Research and Public Opinion Polling (541910), Management Consulting Services (54161)
- SIC
- Services-Membership Organizations (8600), Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Data Analytics & Business Intelligence Services (BPAHALAC)
- akta.pro secondary industry
- Economic Research, Statistics & Policy Advisory (BPADAMAJ)
Keywords
Where InnovUp is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Markets served
InnovUp business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
InnovUp product offering
Product offeringCore offering
InnovUp is the Italian association representing the country's innovation ecosystem. It collaborates with partner organizations to publish market intelligence reports, such as the Listup report, which tracks investment trends, new venture formation, and sector performance of Italian life sciences startups and SMEs. The association advocates for and represents the interests of innovative Italian startups and SMEs.
Product overview
InnovUp is an Italian industry association representing startups and SMEs in the life sciences and innovation sectors. Based on available source data, no specific product offerings, platforms, or named services were identified. The organization is primarily referenced in the context of industry reports and ecosystem collaboration rather than product provision.
Differentiator
Problem solved
Functional benefit
Products and services
- Listup Report
Quantifiable outcome
- Italian life sciences startups raised €414.1 million in 2025, with €279.5 million (67.5%) raised in H2 2025 — a 135% increase vs H2 2024
Companies that use InnovUp
Customer profileSegments1 record
Ideal customer profiles1 record
InnovUp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
InnovUp partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- IndiconcoreIndicon collaborated with InnovUp, Italian Tech Alliance, and Growth Capital to publish the fifth edition of the Listup report, which tracks Italian life sciences startup and SME investment trends and ecosystem performance.
- Italian Tech AlliancecoreItalian Tech Alliance collaborated with InnovUp, Indicon, and Growth Capital to publish the fifth edition of the Listup report covering Italian life sciences startup ecosystem data, including investment figures, new venture formation, and sector analysis.
- Growth CapitalcoreGrowth Capital collaborated with InnovUp, Indicon, and Italian Tech Alliance to publish the fifth edition of the Listup report on Italian life sciences startups and SMEs, providing investment data and ecosystem analysis.
Scale indicators1 record
Recent moves3 records
Expansion highlights3 records
InnovUp competitors and assessment
Company assessmentBroad incumbents
- Dealroom.co: Global startup and venture capital intelligence platform tracking funding data; comparable in producing the underlying investment datasets that ecosystem reports like Listup reference and analyze.
Direct peers
- EU-Startups: Online media and research platform focused on European startup ecosystem reporting; comparable in curating European startup data and producing investment-trend content aligned with InnovUp's Listup work.
- Italia Startup Association: Historical Italian association representing the national startup ecosystem; comparable as a non-profit trade body engaging in policy advocacy and ecosystem reporting for Italian innovative startups.
- Assobiotec (Italian Association for the Development of Biotechnology): Italian biotech industry association producing ecosystem data and policy advocacy for life sciences startups and SMEs; overlaps directly with InnovUp's life-sciences coverage within the Italian innovation ecosystem.
- Indicon (Informatico): Italian management consulting firm and core co-publisher of the Listup report; comparable as a data-driven research partner working on Italian innovation ecosystem analytics.
- Mind the Bridge: Non-profit organization supporting Italian and European startup scaleup and corporate-open-innovation programs; comparable as an Italian-rooted ecosystem association running reports and corporate-startup bridging programs.
- Italian Tech Alliance: Italian innovation ecosystem association and direct co-publisher of the Listup report alongside InnovUp; comparable as a non-profit representing Italian tech startups and SMEs, producing sector data and advocacy.
Emerging players
- Startup Genome: Global startup ecosystem research and ranking organization that produces reports akin to Listup; comparable in publishing investment trend reports and ecosystem benchmarking across geographies.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
InnovUp social profiles
Digital presenceInnovUp financial estimates
Financial estimateRevenue estimate
Valuation estimate
InnovUp leadership team
Management profileNumber of profiles
InnovUp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InnovUp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about InnovUp
What does InnovUp do?
InnovUp is the Italian association representing the country's innovation ecosystem. It collaborates with partner organizations to publish market intelligence reports, such as the Listup report, which tracks investment trends, new venture formation, and sector performance of Italian life sciences startups and SMEs. The association advocates for and represents the interests of innovative Italian startups and SMEs.
Is InnovUp a public or private company?
InnovUp is a private company. It is classified as unknown and is currently operating.
When was InnovUp founded?
InnovUp was founded in 2012. It employs 1 to 10 people.
Where is InnovUp based?
InnovUp is headquartered in Milan, Italy, in the Europe region.
Who are InnovUp's main competitors?
Dealroom.co is listed as a broad incumbent. Direct peers are EU-Startups, Italia Startup Association, Assobiotec (Italian Association for the Development of Biotechnology), Indicon (Informatico), Mind the Bridge and Italian Tech Alliance. Startup Genome is listed as an emerging player.
Does InnovUp have an API?
No public API is recorded for InnovUp.
What industry is InnovUp in?
InnovUp's product category is Industry Association Services. Its primary akta.pro industry code is BPAHALAC, Data Analytics & Business Intelligence Services, with a secondary code of BPADAMAJ, Economic Research, Statistics & Policy Advisory. Its NAICS code is 541910 and its SIC code is 8600.