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🌐 Yesterday, we had the pleasure of attending the Plug and Play Tech Center Italy Summit 2024. It was a fantastic opportunity to exchange ideas and network with key players contributing to building a robust and increasingly intriguing startup ecosystem in Italy. 🔍 During the panel "The Italian Early-stage Ecosystem" our Head of Vento, Diyala D'Aveni, shared insights alongside Marco Ogliengo, Founder & CEO of Jet HR, Gianluca Cocco, Founder & CEO of Qomodo, Lorenzo Franzi, Founding Partner of Italian Founders Fund, and Andrea Gennarini, Co-Founder & Managing Partner of 2100 Ventures. Here are some interesting takeaways from the event: 📈 Despite being one of the smaller innovation ecosystems in Europe in terms of venture capital invested, Italy is one of the fastest-growing country in the region. This growth is evidenced by some significant achievements within our portfolio; for instance, Jet HR and Qomodo securing impressive pre-seed rounds, Futura closing a Series A round led by an international fund, and PandasAI (YC W24) entering Y Combinator. 🇮🇹 #Institutional support for innovation is already making a positive impact, yet there is potential for even greater benefits with increased backing. Taking inspiration from France, where state #incentives and #investments are integral to their strategy, it's evident that enhanced government support can significantly transform the innovation #ecosystem. In fact in France, this robust support has facilitated the creation of over 1 million new jobs, with more than 80% being permanent positions. 💬 The discussion was rich with insights and reflections, and we are eager to continue this dialogue with these and many other guests at the upcoming Italian Tech Week in September. 👀 Don’t forget to follow the new page of the event to discover all the happenings and guests of ITW!

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