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Angel NetworkPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 9 SOURCES

Italian Angels for Growth

Also known as IAG, Italian Angels for Growth (IAG)

Milan non-profit business angel association founded in 2007; 300+ members co-invest via deal-by-deal club deals, typically €0.2–1.5M per early-stage round.

HEADQUARTERS
Milano, Italy
FOUNDED
2007
AUM
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
5 people

Focus

STAGES
Pre-SeedSeedSeries A
SECTORS
Biotech & Life SciencesHealthTechDeep TechSoftware & SaaSFintech
ASSET MIX
Venture capital
GEOGRAPHY
Italy

Investment arms & vehicles

  • Eden Ventures
    IAG’s pre-seed investment vehicle (“Eden Venture by IAG”), tickets up to €100K via SAFEs, convertibles or equity

Overview

Italian Angels for Growth is a non-profit association of business angels, founded in 2007, based in Milan with offices in Rome, Florence and Udine. For each investment its members form a club deal, supported by a professional staff and a shared screening methodology; members typically take part in early-stage rounds in life science, deep tech, digital and fintech companies with €0.2–1.5M per round. The site reports 300+ members, 110+ startups funded and €550M+ invested by IAG members and co-investors. Its pre-seed vehicle Eden Ventures, launched in 2022, writes tickets of up to €100K.

Investment thesis

Early-stage investment in technology-intensive innovative startups in life science, deep tech, digital and fintech, with members contributing capital, skills and networks; pre-seed handled through Eden Venture.

PORTFOLIO (12)

  • ArtemestNOTABLE
    Consumer & E-commerce
  • CubbitNOTABLE
    Software & SaaS
  • EverliNOTABLE
    Consumer & E-commerce
  • Alomana
    Artificial Intelligence · since 2026
  • Qura
    HealthTech · since 2026
  • Almanax
    Crypto & Web3 · since 2025
  • Musement
    Consumer & E-commerce
  • Deliveristo
    Food & Agriculture
  • Conio
    Fintech
  • AorticLab
    HealthTech
  • Kither Biotech
    Biotech & Life Sciences
  • Wora
    Mobility & Logistics · since 2023

People

  • Carlo Tassi
    President · source
  • Paola Bonomo
    Vice-President · source
  • Christian Marchesi
    Vice-President · source
  • Emanuele Torlonia
    Managing Director · source
  • Francesco Marini Clarelli
    Co-founder and Honorary President · source

Links

Frequently asked questions

Italian Angels for Growth is a angel network based in Milano, Italy, founded in 2007.

Yes. Italian Angels for Growth invests its own capital in private companies.

Italian Angels for Growth invests at Pre-Seed, Seed and Series A stages in Biotech & Life Sciences, HealthTech, Deep Tech, Software & SaaS and Fintech.

Italian Angels for Growth's stated ticket size is €200K–€1.5M.

Key people at Italian Angels for Growth include Carlo Tassi (President), Paola Bonomo (Vice-President), Christian Marchesi (Vice-President) and Emanuele Torlonia (Managing Director).

Italian Angels for Growth's investments include Artemest, Cubbit, Everli, Alomana, Qura, Almanax, Musement and Deliveristo, among others.

The most recent publicly reported investment by Italian Angels for Growth is Alomana (Seed (€4M round led by CDP Venture Capital; IAG and Club degli Investitori participated)), announced in Mar 2026.

No. Italian Angels for Growth invests its own capital and does not raise money from outside investors.