Angel Match

Nauta Capital is a European venture capital firm that invests in early-stage B2B software companies. They are interested in disruptive digital media companies and enabling technologies for mobile and the internet. Moreover, the firm has successfully exited 8 businesses and is known for its amazing mentorship programs and business workshops. Initially, Nauta Capital conducts a pitching competition and allows startup leaders to apply from their website. Once the process has been finalized, startup leaders can appear for physical/online presentations. Nauta Capital often prefers startups with an operational product and some traction, even if still pre-revenue. They are open to various sectors, including SaaS, AI, machine learning, consumer apps, marketplace, travel, e-commerce, cybersecurity, IoT, and gaming. The investment range of Nauta Capital is between €1M to €5M. Notable Investments: zen loop, Spotted Zebra UK, and ESProfiler.

Cemex Ventures is the Corporate Venture Capital arm of Cemex, a global leader in building materials and construction solutions. The VC Firm has a strong presence across the EU and is known for its active involvement in funding early and seed-stage companies. When funding businesses, Cemex Ventures invests in innovative startups that can revolutionize the construction industry and have a decent growth potential. Despite being based in Madrid, Cemex Ventures has a global focus and believes in making sustainable responsible investments. The investment range of Cemex Ventures is around €5-10M. Preferred Industries: Green construction, enhanced productivity, construction supply chain, future of construction. Notable Investments: CleanFiber, KODE Labs, and FYLD.

Columbus Venture Partners is a Spanish independent venture capital firm with a unique approach to investing in early-stage and high-growth startups. They actively seek out promising projects arising from renowned Spanish research institutions. When funding startups, the firm seeks to invest in innovative startup ideas that can easily go international with the help of some funding. Once a startup has been funded, Columbus Ventures also provides it with various mentorship programs, workshops, and networking events. The investment range of Columbus Ventures is around €5M. Preferred Industries: Biotech and Healthcare. Notable Investments: Aura Biosciences, SANIFIT, Artax.

CRIF is a global company specializing in credit and business information systems, analytics, outsourcing and processing services, and advanced digital solutions. Despite being an Italian VC firm, the investors have expanded their network and made investments in many other countries including San Marino. Discussing the investment activities, the investors focus on funding startups that can be profitable and are at the early/seed stage. The investment range of CRIF is between €500,000 to €6M. Preferred Industries: FinTech, Financial Services, Blockchain. Notable Investments: STEP 4 Business, Know Your Customer, BKN301, Fido, Evenfi, Agrobit.

PayU GPO is also one of the notable VCs that make investments in San Marino. It acts as a payment and fintech business provider to both enterprise and SMB segments in emerging markets. Plus, the firm has made investments in seventeen different companies across payments, credit, digital assets, and other areas of fintech. The firm has a network of investors who are focused on long-term investments that allow them to build meaningful relationships, nurture the growth of both businesses as well as their founders, and support solutions. The investment range of PayU GPO is around €350,000 for startups based in San Marino. Notable Investments: Ayoconnect, DotPe, and Indiagold.

Abalone Group is an international financial hub that was founded by Roberto Colapinto. The group is based in Saint Moritz, Graubunden, Switzerland. It specializes in individual and collective management services, cutting-edge financial engineering, planning, and investment solutions. Plus, they also have a network of over 35 professionals with twenty years of experience in the main international investment banks. When funding startups, the group takes a focused approach and only invests in startups that are in the growth stages. They usually invest around €5-10M. Preferred Industries: Tech and Consumer Products. Notable Investments: BKN301.

Azimut Digitech Fund is a recently founded Italian VC fund that makes investments in San Marino. Ever since its inception, the fund has been super-focused on funding the most unique startups and has gathered around 30 investors within 4 years. Moreover, Azimut Digitech Fund is more focused on tech-related startups as investors value uniqueness. The investment range of Azimut Digitech Fund is around €3M. Preferred Industries: business products and services, artificial intelligence & machine learning, cryptocurrency/blockchain, cybersecurity, SaaS, internet of things, and advanced manufacturing sectors. Notable Investments: Smartpricing. Kampaay, BKN301, BizAway, and Codemotion.

Federico Ghizzoni is an angel investor who has been funding startups since at least 2018. A little about his background, Ghizzoni has a distinguished career in the banking industry, spanning more than 30 years. He served as the CEO of Italian bank UniCredit from 2010 to 2016. The investment range of Federico Ghizzoni is around €150,000. Preferred Industries: Fintech, AI, and Consumer Products. Notable Investments: BKN301, MDOTM, and We Wealth.

Mastercard is an American multinational payment card services corporation headquartered in New York. It offers a range of payment transaction processing and other related payment services and also invests in San Marino businesses. Although it doesn't act like a VC firm, the network makes private investments in San Marino through startup fundraisers. Investors from Mastercard attend different events in San Marino and invest in businesses that have the highest growth potential. Similarly, The Fund invests in African-owned and African-led Fund Managers, including Female-led fund managers, first-time fund managers, private equity funds, venture capital funds, debt funds, and permanent capital vehicles. The investment range of Mastercard is between €50,000 to €4M. Notable Investments: Hello Alice, Goalsetter, Episode Six, and Zeta .

SM Capital is a venture capital investment firm based in San Marino. The firm seeks to invest in industrial and fintech sectors and usually funds early-stage companies. Similarly, the investors at SM Capital are fully passionate about searching for founders who have unique ideas and can lead a business toward success. They Focus on the largest unicorn-minting market by partnering with best-in-class funds. The investment range of SM Capital is around €500,000. Preferred Industries: Fintech, Space Tech, and Consumer Products Notable Investments: 2GO Group, Belle Corporation, Atlas Mining, and Philippines Urban Living Solutions (PULS)