LVenture Group

What LVenture Group does

LVenture Group S.p.A. is a publicly listed Italian venture capital holding company (Euronext Growth Milan, ticker LV) founded in 2013 as a joint venture with LUISS Guido Carli University. It invests seed capital — up to €250,000 per company — in early-stage digital startups and provides full-stack acceleration through its flagship program LUISS EnLabs, supplemented by vertical-specific programs (ZERO in cleantech with CDP/Eni/ELIS, and Business Innovation Factory with Leonardo in aerospace/defense). The company operates 9,000 sqm of co-working and event infrastructure (The Hub) in Rome and Milan, hosts 300+ events annually, and connects portfolio companies to a network of 50+ corporate partners and 50+ advisors. To date, LVenture has accelerated 130+ startups, realized 13 exits, and deployed €174M into portfolio companies (with €24M direct and €124M from co-investors).

The business model has three pillars: (i) investment returns generated primarily through IPOs and M&A exits, with realized exits forming the most lumpy component of value creation; (ii) recurring fee and service revenue from acceleration programs, co-working rentals, and corporate open innovation engagements; and (iii) ecosystem leverage through partnerships with CDP, Leonardo, Accenture, Meta, Intesa Sanpaolo, and others. Customers split into three segments — early-stage digital startups (primary), corporate enterprises seeking open innovation (primary), and investors/co-investors (secondary). Distribution is sales-led, relying on direct startup applications, corporate innovation programs, and the Scouting Partner network for dealflow.

The most significant recent strategic move is the March 2024 merger with Digital Magics, which combines two of Italy's largest listed startup investment platforms and creates the country's leading publicly traded VC ecosystem. The combined entity, post-merger capital increase reserved to LUISS, materially expands the addressable portfolio, corporate partner base, and operational scale of the group.

Name

LVenture Group

Legal name

LVenture Group S.p.A.

Website

https://lventuregroup.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

LVenture Group is a publicly listed Italian venture capital holding company that invests seed capital (up to €250,000) in early-stage digital startups through its LUISS EnLabs accelerator, vertical programs (ZERO, BIF), and open innovation services for corporates, operating 9,000 sqm of co-working and event infrastructure across Rome and Milan.

Ownership category

akta.pro rank

Product category

Venture Capital and Startup Investment Services

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)

akta.pro secondary industries

Accelerators & Incubators (Investor-Operated) (FSANAAAM), Corporate Accelerators & Startup Programs (FSANAHAD)

Keywords

• Venture capital
• Startup acceleration
• Open innovation
• Seed investment
• Startup ecosystem

Headquarters

HQ city

Roma

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Returns from Exit Operations: LVenture Group generates profit from exit operations, mainly IPOs and M&A transactions. The company invests in early-stage digital startups and accelerates their development from prototype to market placement, realizing returns upon exit. Current portfolio has realized 13 exits with €174M invested in portfolio companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

LVenture Group is a publicly listed Venture Capital holding company (Euronext Growth Milan, ticker LV) that invests in early-stage digital startups with up to €250,000 in seed capital. It operates proprietary acceleration programs (LUISS EnLabs, ZERO, BIF), provides co-working infrastructure through The Hub (9,000 sqm in Rome and Milan), delivers open innovation services to corporates, and supports portfolio companies through subsequent funding rounds until exit via IPOs and M&A transactions.

Product overview

LVenture Group is a holding company listed on the Italian Stock Exchange (Euronext Growth Milan) that operates as a Venture Capital firm investing in early-stage digital startups. The company offers a portfolio of acceleration programs including LUISS EnLabs (founded 2013), ZERO (cleantech accelerator with CDP), and Business Innovation Factory (with Leonardo). Beyond acceleration, services include co-working spaces (The Hub with 9,000 sqm in Rome and Milan), open innovation programs for corporates, post-acceleration support through funding rounds, and a scouting partner network. The company has accelerated 130+ startups, achieved 13 exits, and manages a portfolio of 90+ digital companies.

Differentiator

Problem solved

Functional benefit

Brands

• LUISS EnLabs: The proprietary acceleration program of LVenture Group, founded in 2013 as a joint venture with LUISS Guido Carli University. It has accelerated over 100 startups.
• ZERO
• Business Innovation Factory (BIF)
• The Hub

Products and services

• LUISS EnLabs LVenture Group's flagship acceleration program founded in 2013 as a joint venture with LUISS Guido Carli University. It has accelerated over 100 startups, all VC-backed by LVenture Group, providing full-stack support including seed investment up to €250,000, mentorship, and ecosystem access for early-stage digital startup founders.
• ZERO

Quantifiable outcome

• 130+ startups accelerated with 13 successful exits
• +3 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered minor, core and flagship.

• HubSpotminorStrategic or Co-development Partner · 1 January 2023HubSpot for Startups partnership delivers practical sessions to startup founders and entrepreneurs on inbound marketing and growth techniques.
• CGIAR Accelerate for Impact PlatformminorStrategic or Co-development Partner · 1 January 2023Partnership to support Agrifood Tech and Climate Tech startups. CGIAR A4IP is an initiative promoted by Alliance of Bioversity International and CIAT.
• LeonardocoreStrategic or Co-development Partner · 1 January 2022Global high-technology company and Italy's main industrial company in Aerospace, Defence and Security. Launched Business Innovation Factory (BIF) accelerator in partnership with LVenture Group to select 30 startups over 3 years.
• AccenturecoreStrategic or Co-development Partner · 1 January 2021Strategic partnership renewed in 2021 for corporate-startup innovation programs. Joint events like 'Crossing the Bridge' bring corporates and startups together.
• Chinastone GroupminorStrategic or Co-development Partner · 1 January 2020Commercial collaboration agreement signed in 2020 to promote LVenture Group's Startup Portfolio and strengthen connections between Chinese and European startup ecosystems.
• LUISS Guido Carli UniversityflagshipStrategic or Co-development Partner · 1 January 2013Joint venture partner in LUISS EnLabs acceleration program founded in 2013. LUISS provides academic credibility, talent pipeline, and research connections. LVenture Group's Hub hosts LUISS 42 programming school. The partnership has accelerated 100+ startups with all VC backed by LVenture Group.
• EnicoreStrategic or Co-development PartnerMain partner in ZERO Cleantech Accelerator, supporting early-stage cleantech startups with funding and corporate mentorship.
• ELIScoreStrategic or Co-development PartnerPartner in ZERO Cleantech Accelerator providing educational and training support for selected startups.
• Meta (Facebook)flagshipGTM or Marketing PartnerMeta has signed agreement with LVenture Group and chosen their Hub for Binario F, the first training center in Italy for digital skills enhancement. Meta is also official sponsor for Acceleration Program, serving 3 million+ people globally.
• Intesa Sanpaolo Innovation CentercoreStrategic or Co-development PartnerOne of the largest banking groups in Europe, leader in Italy across retail, corporate, and wealth management sectors. Intesa Sanpaolo Innovation Center is dedicated to frontier innovation and operates within the ecosystem.
• Acea, Maire Tecnimont, Microsoft, VodafonecoreStrategic or Co-development PartnerCorporate Partners supporting ZERO Cleantech Accelerator. Additional corporate partners include Enel, Cisco, Google, Sanofi, Telecom, UniCredit, and 40+ other companies in the ecosystem.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• CDP Venture Capital: Italy's largest state-backed VC fund manager with a €1B+ National Accelerator Network that co-invests with LVenture in cleantech and digital startups. Directly comparable as an Italian early-stage investor running multiple accelerator verticals.
• P101 Ventures: Italian early-stage VC investing in digital startups with a mentoring-driven approach. Comparable in stage, geography, and thesis around Italian digital entrepreneurs.
• United Ventures: Italy-based early-stage VC focused on digital and deep-tech startups. Comparable stage and geographic focus with similar deal sizes at seed and Series A.
• Primo Ventures: Italian VC that co-invests alongside LVenture in seed and Series A digital rounds. Similar portfolio composition and Italian-network-driven deal sourcing.
• H-FARM: Italian innovation platform combining venture capital, accelerator programs and a campus near Venice. Closely comparable as a domestically focused early-stage investor-cum-operator that incubates and funds digital startups.
• Digital Magics: Pre-merger sibling Italian early-stage VC and open-innovation platform that merged with LVenture in 2024. Same business model, customer base (startups and corporates), and Italian focus.

Broad incumbents

• Speedinvest: Pan-European early-stage VC with larger fund sizes and sector-focused verticals. Comparable in stage and digital thesis but operates at meaningfully broader geographic scale.
• Techstars: Global accelerator network providing seed investment, mentorship, and corporate connections to early-stage startups. Closely comparable in accelerator methodology and corporate-innovation model.
• Plug and Play: Global accelerator and venture platform running corporate-innovation programs. Directly comparable as an investor-operated accelerator model with corporate partnerships, though at much larger global scale.

Emerging players

• Italian Angels for Growth (IAG): Italy's largest business-angel network that co-invests alongside LVenture. Comparable in providing early-stage capital and mentorship to Italian startups but operates as a not-for-profit angel association rather than an accelerator-VC hybrid.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/lventuregroup
• YouTubeyoutube.com/c/Lventuregroup
• Facebookfacebook.com/TheHubLVentureGroup
• LinkedInlinkedin.com/company/lventure-group
• Instagraminstagram.com/thehublventuregroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments162 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LVenture Group