"Turin has turned into an international hub for innovators. It has what it takes to attract high-potential startups eager to settle and thrive in our fast-evolving ecosystem."
Turin, in northwest Italy, may be best known as an automotive center, but local stakeholders are working hard to transform the city into a test bed for cutting-edge technologies, particularly in the field of Smart Cities.
Startups in Turin benefit from its concentration of large corporations, including Stellantis, Iren, IVECO–CNH, Italdesign, and Pininfarina, as well as innovative SMEs. Open lab initiatives led by Turin Municipality, such as CTE Next, provide unparalleled testing infrastructure.
Thanks to a strategic partnership between Fondazione Compagnia di San Paolo, Intesa Sanpaolo Innovation Center, and Fondazione CRT, Turin has hosted the Torino Cities of the Future Techstars Accelerator since 2020. This program has graduated 35 companies from three continents which have launched 30 partnerships with local stakeholders and have raised more than $47 million.
Opened in November 2021, the ESA Business Incubation Centre Turin aims to nurture innovative Space Economy companies. Startups will receive €50,000 for product development and IP management, coaching, and fundraising support.
There is no shortage of qualified investors in Turin. Neva SGR combines the strength of Intesa Sanpaolo Group with the best practices of international VC firms. It has raised €250 million ($271 million) to invest in Fintech and Deep Tech startups, including the Italian aerospace company D-Orbit. Tech investment boutique LIFTT has an investment target of €90 million over the next five years and has already finalized 25 investments, including Newcleo, a disruptor in next-generation nuclear reactors. Turin has been included in the National Accelerators Network run by CDP Venture Capital, which supports the growth of the Italian venture capital ecosystem.
Ecosystem by the Numbers
AI, Big Data & Analytics
Reasons to Move Your Startup to Turin
Access to Talent
International Startup Programs
Selected Startup Organizations
Startup Genome Members
Fondazione Compagnia di San Paolo
Established in Turin in 1563, Fondazione Compagnia di San Paolo is a banking foundation acting as the major shareholder of Intesa Sanpaolo. It is one of the largest private foundations in Europe, as evidenced by its €1.5 billion of philanthropic grants in the last decade. As part of its mission to promote cultural, civic, and economic development, the foundation is today one of the leading ecosystem developers in the Italian landscape.
Intesa Sanpaolo Innovation Center
Intesa Sanpaolo Innovation Center is a subsidiary of Intesa Sanpaolo Banking Group dedicated to innovation. It invests in applied research projects and, through the management company Neva SGR, in high-potential startups. Intesa Sanpaolo Innovation Center supports startups’ growth in domestic and international markets through acceleration programs and networking. In addition, it accelerates the implementation of the circular economy plan, to make Intesa Sanpaolo the driving force behind a new socially and environmentally aware economy.
Key Ecosystem Players
Torino Cities of the Future Techstars Accelerator
Featured Articles from
Are you interested in diving deeper into this ecosystem? Drop us a message. Our Ambassadors and Partners can plug you in.