Italy’s Z_One Fund secures over €35 million at first close to back AI and UrbanTech startups

Z_One Fund, the Italian venture capital fund managed by Eureka!

Venture has announced the first close at more than €35 million, with a total fundraising target of €60 million.

“Italian venture capital needs a financial supply chain to help high-potential startups grow.

With Z_One Fund we put to use the experience gained over years of investing and acceleration,” said Capello, Partner at Z_One Fund.

Alongside the main vehicle sits Z_One Fund Lazio, a parallel fund created through the Lazio Venture 2 initiative under the PR FESR 2021-2027 programme and managed by Lazio Innova.