The economy of Italy is 8th largest in world, with a nominal GDP of USD 2.460 trillion. Italy economy is dominated by its service sector, comprising 73.8% of the GDP and employing 67.8% of the labour force. Germany is the largest trading partner of Italy.
Italy has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed cooperative banking sector, developed social market economy, rich in natural resources and also developed in exports top-ranked educational institutions and government regulations. The majority of Italy startups are located in Milan and Rome.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of ItalyTech 2025’– an exclusive list of the most promising ItalyTech startups that have also reached significant valuation milestones over the previous few years.