Turin may be best known as an automotive center, but local stakeholders are on a mission to transform the northern Italian city into an international hub for innovators, particularly in the field of Smart Cities and space technology. Such a transition is epitomized by the evolution of ToTeM – Torino Tech Map, a web directory of startups, investors, and enablers. In 2022, ToTeM launched a new series of monthly in-person events to gather the local startup community and thus boost local connectedness.

Qualified investors play a pivotal role in Turin's thriving ecosystem. In 2022, Neva SGR closed its first flagship fund of €250 million to back European and global startups. To date, Neva SGR has invested €150 million in 26 companies, with a third of its investments allocated to Italian startups. Additionally, Neva SGR announced its plans to raise a second, larger fund, expected to conclude in 2024. In 2022 Neva SGR also launched Fondo SEI (Sviluppo Ecosistemi di Innovazione) for supporting the innovation ecosystem with primary focus on implementation of startup research, selection, acceleration, and professionalization programs in Italy.

The tech investment boutique LIFTT has an investment target of €90 million over the next five years and has already completed 36 investments. The gem in its portfolio is Newcleo, a disruptor in next-generation nuclear reactors that unveiled a major investment plan of €3 billion in France by 2030. In June 2022, Google Cloud announced expansion in partnership with TIM and Intesa Sanpaolo into Italy in Milan, with another location to come in Turin.