As the capital of Italy's Piedmont region, Turin is rapidly establishing itself as a burgeoning tech hub, moving beyond its historical association with the automotive industry. In 2023, the city's startups attracted $70.8 million across 60 funding rounds, securing Turin’s position as Italy's second-largest city in terms of investment volume.

Under the Italian G7 Presidency in 2024, the Ministers' Meeting on Climate, Energy, and Environment was held in Turin in April, focusing on commitments to the Paris Agreement and promoting the green transition. Italian Tech Week, held in Turin in September 2023, is Italy’s premiere tech conference. With an emphasis on circular economy, AI advancements, and scaling business models, the latest edition attracted over 13,500 visitors to Turin.

Intesa Sanpaolo Innovation Center, Fondazione Compagnia di Sanpaolo, and CRT Foundation continue their collaborative efforts to enhance the local ecosystem and support the growth of high-potential startups. Their commitment to fostering innovation in Turin and consolidating the city as an international hub is epitomized by the signing of a new two-year Memorandum of Understanding. An integral part of such an agreement is the continuation of the partnership with Techstars – one of leading global operators in the startup acceleration space – through the Techstars Transformative World Torino program. The MoU sets the ambitious objective of surpassing the results obtained in the period between 2020 and 2023 when 45 Italian and foreign startups were accelerated, raising more than $97 million in capital, securing 50+ proof of concept agreements with Italian corporate clients, and generating 500+ jobs.