Hi-tech Startups

Work Team


Hi-tech Startups Observatory is fostered by the School of Management of the Politecnico di Milano, in collaboration with Italia Startup (http://www.italiastartup.it), the not for profit association that supports and gives voice to the Italian startup ecosystem.


Hi-tech Startups Observatory analyzes the entrepreneurial dynamics and the scenario of hi-tech startups funded in Italy, aiming to spread awareness and consolidate knowledge at all levels (economists, politicians, managers, students) on the impact and opportunities provided by the inception of new organizations in the mature Italian economy. The Hi-tech Startups Observatory targets all players of the Italian startup ecosystem with the ultimate goal to speed up such emerging and positive dynamics through the implementation of a stable point of reference within this multidimensional process.


By means of a comprehensive Research conducted for the most part through primary sources, the Hi-tech Startups Observatory provides unique data on overall investments in startups made in Italy by formal and informal investors, in addition to presenting leading strategic and entrepreneurial dynamics and significant cases of the ecosystem at national level, as well as a number of international level benchmarks.


Activities performed by the Observatory include:

  • A detailed in-field Research involving all key figures of the Italian startup ecosystem including innovative startups, formal and informal investors, incubators, business accelerators and industry trade groups.
  • A public conference to present Research activity results, with round tables and keynotes from the leading players of the Startup world. The event will be organized jointly with Startup Intelligence Observatory and the Digital Transformation Academy.



The Observatory is active since 2012, and in its last 2018 edition the Research was characterized by the following key figures:

  • Over 60 formal and informal investors involved, both Italian and international;
  • Over 600 Italian funded hi-tech startups identified and analyzed in detail;
  • Over 100 case studies on significant players involved in the Italian hi-tech startups ecosystem.

As part of the Research the Observatory will:

  • Map all hi-tech startups funded in Italy and critically examine the impact of startups on economic and employment growth in our Country;
  • Perform a unique estimate from primary sources of the high-tech startup investment market in Italy, split by “formal” investors (e.g. independent Venture Capital funds, Regional investment companies, Corporate Venture Capital funds), and “informal” ones (Venture Incubators, Family Offices, Club Deals, Business Angels, Equity Crowdfunding platforms and company investments);
  • Analyze the overall capital raised, the capital invested throughout the current year, and the capital from Italian “formal” investors still available for further investments;
  • Investigate startup investment dynamics from well-established companies or incumbents acting upon  an “inbound open innovation” focus (jointly with Startup Intelligence Observatory research and Digital Transformation Academy activities), and disclose the main strategic implications stemming from  Incumbent-startup collaborations;
  • Analyze performances of Italian hi-tech startups which received investments throughout the main life-cycle phases (funding, growth and exit);
  • Further explore some interesting startups to grasp key strategic and entrepreneurial phenomena, such as: drivers for success, main challenges and difficulties faced, most significant business model design and innovation decisions made;
  • Delineate some evolutionary paths and dynamics for the entire Italian funded hi-tech startups’ ecosystem.


Sponsorship opportunities

Every year more than 300 companies join the Digital Innovation Observatories activities, getting in touch with the corporate, institutional and academic decision makers

More Details

Partners and Sponsors

For further information, collaboration and support requests for the other researches of the Hi-tech Startups Observatory, please contact Antonio Ghezzi (email: antonio1.ghezzi@polimi.it).