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2100 Ventures

www.2100.vc · Milan, Italy

“Back big-dreaming European founders building century-defining businesses, leveraging the Benetton family's industrial network for strategic support and patient capital.”

$200K – $500K
Check Size
Leads & Follows
Lead Tendency
$30M
AUM
~1 Month
Timeline
01Investment Thesis

Back big-dreaming European founders building century-defining businesses, leveraging the Benetton family's industrial network for strategic support and patient capital.

Exclusion Criteria

Consumer-only plays without B2B component. Companies that cannot benefit from industrial network connections. Founders lacking ambition or optimism.

02Investment Team
AG
Andrea Gennarini
Founding General Partner
AC
Andrea Casasco
Founding Partner
AG
Andrea Gurnari
Partner
EL
Enrico Laghi
Partner
AB
Alessandro Benetton
Chairman / Backer
SB
Stefano Bernardi
Venture Partner
LA
Luca Ascani
Venture Partner
RT
Raffaele Terrone
Venture Partner
03F4 Research Brief

2100 Ventures Research

Overview

2100 Ventures is an early-stage venture capital fund built to help the next generation of European heroes defy the odds and build century-defining businesses. Founded in 2022, the firm operates from Milan (Italy) and London (UK), with a particular focus on Italian and broader European startups.

The fund is backed by the Benetton family via Edizione and 21 Invest, the private investment firm founded by Alessandro Benetton in 1992. Alessandro Benetton serves as Chairman. This connection provides portfolio companies access to a huge industrial network and decades of business-building experience across retail, manufacturing, logistics, and supply chain management.

The fund's tagline — "Big dreaming, Odds defying, Unapologetic Optimists" — captures its ethos of backing founders who believe they can build transformative businesses despite the odds against them.

Fund Details

  • Fund Size: €30M (launched 2023)
  • Check Size: €200K - €500K
  • Stage: Pre-seed, Seed, Series A (primarily Seed)
  • Portfolio Size: 17+ companies across 8 European countries
  • Founded: 2022
  • Location: Milan, Italy / London, UK
  • Contact: [email protected]
  • Address: Via Giuseppe Mazzini, 9, 20123 Milano MI, Italy

Team

Founding General Partners:

  • Andrea Gennarini — Founding GP, based in Italy
  • Andrea Casasco — Founding GP, based in London

Partners:

  • Andrea Gurnari — Partner, based in London
  • Enrico Laghi — Partner

Venture Partners:

  • Stefano Bernardi — Venture Partner (ex-500 Startups, well-known European VC)
  • Luca Ascani — Venture Partner
  • Raffaele Terrone — Venture Partner

Chairman / Backer:

  • Alessandro Benetton — Chairman, via Edizione/21 Invest (Benetton family office)

The fund has 7 team members including 4 Partners.

Portfolio

As of November 2025, 2100 Ventures has invested in 17 companies with 7 new investments in the last 12 months. The portfolio spans Enterprise Applications, Consumer, HealthTech, Industrial Goods, Retail, and ClimateTech.

Notable Portfolio Companies:

Enterprise / B2B SaaS:

  • Swap (swap.eco) — Returns intelligence for e-commerce businesses. UK-based, raised $149M Series C (Jan 2026). Investors include Iconiq Capital, DST Global.
  • Autone — Enterprise software (follow-on investment)
  • Orbio — Spain-based, raised Series A (Sep 2025). Investors include Visionaries Club.

Robotics & Manufacturing:

  • Mimic Robotics — AI-powered robotic manipulation systems. US-based, raised $20M Seed (Nov 2025). Uses foundation AI models for universal manipulation across industries.
  • Saeki Robotics — Large-format additive manufacturing for complex geometries. Switzerland-based, raised $9M Seed (Feb 2025). Serves automotive, construction, aerospace.

ClimateTech / Energy:

  • Crosstown H2R — CO2 burner for power generation, zero-carbon solutions for gas turbines. Switzerland-based, raised ~$4M Seed (Jul 2025).
  • Ewake — France-based, Seed round (Oct 2025)
  • Hyperdrives — Germany-based, Seed round (Sep 2025). Investors include Rethink Ventures.

HealthTech:

  • Lupa Pets — AI-powered veterinary operating system. UK-based, raised $25M Series A (Oct 2025). 77 employees. Investors include Firstminute Capital, Singular.
  • Juniper — Health/benefits platform. Acquired by Fertifa in July 2025 (2100 Ventures' first exit).

Other Notable:

  • Foreverland — Notable investment (details TBD)
  • Cubbit — Notable investment (details TBD)

Investment Activity

Year-by-Year Investment Trends:

  • 2025: 7 investments (all first-time investments)
  • 2024: 7 first-time investments, 1 follow-on = 8 total
  • 2023: 2 investments

Stage Distribution (first rounds):

  • Seed: 13 investments
  • Series A: 2 investments
  • Series B: 1 investment

Average round sizes:

  • Seed: ~$4.93M
  • Series A: ~$8.03M
  • Series B: ~$12.5M

Geographic Focus

Portfolio by Country:

  • Italy: 6 investments (home market strength)
  • United Kingdom: 4 investments
  • Switzerland: 2 investments
  • France: 1 investment
  • Germany: 1 investment
  • Others: 2 investments

The fund has invested across 8 European countries total.

Sector Focus

Portfolio by Sector:

  • Enterprise Applications: 11 investments
  • Consumer: 4 investments
  • HealthTech: 3 investments
  • Industrial Goods & Manufacturing: 3 investments
  • Retail: 3 investments
  • Others: 15 investments across additional sectors

Stated Focus Areas:

  • SaaS (Software-as-a-Service)
  • AI (Artificial Intelligence)
  • Fintech & Data
  • ClimateTech
  • B2B focus

Exits

  • Juniper — Acquired by Fertifa in July 2025 (2100 Ventures' first portfolio exit)

Lead Tendency & Decision Process

Lead Tendency: Both — 2100 Ventures leads rounds when appropriate and participates alongside other investors.

Decision Process: Partnership — decisions made by the founding GPs collaboratively.

Decision Timeline: Typically around one month for proper due diligence.

Approach: Focuses on European entrepreneurs driving the new golden age of industrial innovation. Leverages the Benetton family network for portfolio support.

Co-Investors

Top Co-Investors:

  • Exor — Co-invested in 4 companies
  • Founderful — Co-invested in multiple deals
  • Visionaries Club
  • Firstminute Capital
  • Singular
  • Connect Ventures
  • Rethink Ventures
  • Elaia
  • Climate Insiders

Notable downstream investors:

  • Iconiq Capital (invested in Swap after 2100 Ventures)
  • DST Global (invested in Swap after 2100 Ventures)
  • Portfolio Ventures

Strategic Advantage

The Benetton family backing through Edizione/21 Invest provides:

  • Industrial Network: Access to manufacturing, supply chain, and retail expertise
  • Patient Capital: Family office backing means no pressure from LP fund cycles
  • Long-term Perspective: Can support companies through multiple rounds
  • Enterprise Relationships: Connections to large European enterprises

Contact

  • Email: [email protected]
  • Website: 2100.vc
  • Address: Via Giuseppe Mazzini, 9, 20123 Milano MI, Italy
  • LinkedIn: linkedin.com/company/2100-ventures-vc
04Selected Portfolio
Aerospace & Defense
EraDrive·Beyond Aero
Developer Tools & Infrastructure
Alpa
Energy & Power
Good Heat
Enterprise Software
Lupa Pets·Cubbit·Ewake·Autone
Food & Beverage
SWAP·Foreverland·Seltz
Healthcare & Digital Health
Juniper
HR Tech & Future of Work
Orbio
Media & Entertainment
European Startup
Robotics & Automation
Mimic Robotics·Hyperdrives
Other
Saeki Robotics·Crosstown H2R
Open the full portfolio→
05Recent Updates

Fresh signals from public announcements, essays, and portfolio activity.

See full activity (10) →
Participated in Seltz's $12.5M seed round to build web search infrastructure for AI agents.
INVESTMENT·pulse2.com
JUN 23, 2026
Led €3.5M pre-seed round in Alpa alongside True Ventures.
INVESTMENT·linkedin.com+1
FEB 2026
Invested in Beyond Aero for hydrogen-electric aviation technology and aircraft development.
INVESTMENT·aviationweek.com
JAN 2026
Invested in EraDrive's $5.3M seed round for satellite autonomy and aerospace technology.
INVESTMENT·spacenews.com
DEC 2025
Participated in Mimic Robotics' $16M seed round for AI-powered robotic manipulation systems.
INVESTMENT·elvisnava.com+1
NOV 2025
06Frequent co-investors
MF
Moonstone Fund
Both backed 2 of the same companies
Foreverland, Cubbit
S
SpeedInvest
Both backed 2 of the same companies
Mimic Robotics, Autone
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Quick Reference
Check Size
$200K – $500K
Stages
Pre-Seed · Seed · Series A
AUM
$30M
Decision
Partnership · ~1 Month
Warm Intro
Not Required
Involvement
Advisor
Location
Milan, Italy
Sector Focus
Fintech & PaymentsAerospace & DefenseRobotics & AutomationEnterprise SoftwareDeveloper Tools & InfrastructureHealthcare & Digital Health
Models
B2B SaaSFintechClimateTechEnterprise
Technology
AI/MLDataRoboticsClimateTech
See all Fintech & Payments investors →See all Aerospace & Defense investors →See all Robotics & Automation investors →
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Focus Areas
Fintech & PaymentsAerospace & DefenseRobotics & AutomationEnterprise SoftwareDeveloper Tools & InfrastructureHealthcare & Digital Health

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F4 Intelligence Report · Last Researched August 1, 2026F4 Research Engine