Country comparison
Italy vs Mexico: startup funding compared
Since 5 June 2025, startups in Italy raised $1.8B across 117 rounds, 1.4 times Mexico's $1.3B.
Capital raised running total by month
Where the money goes share of capital by sector
Italy
Mexico
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | Italy | Mexico |
|---|---|---|
| CDP Venture Capital | 29 | · |
| Vento | 11 | · |
| 360 Capital | 8 | · |
| United Ventures | 8 | · |
| Italian Founders Fund | 6 | · |
| Club degli Investitori | 5 | · |
| Vento Ventures | 5 | · |
| Vertis SGR | 5 | · |
| Base10 Partners | 4 | · |
| Entourage | 4 | · |
| Primo Capital | 4 | · |
| The Techshop | 4 | · |
Startup hubs rounds and capital by city
Italy
Mexico
Latest rounds
Questions
Which country raised more startup funding, Italy or Mexico?
Italy. Since 5 June 2025, startups in Italy raised $1.8B across 117 rounds, against $1.3B across 23 rounds in Mexico, 1.4 times more. That is 0.3% and 0.2% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Italy and Mexico?
117 rounds in Italy and 23 rounds in Mexico since 5 June 2025, about 7 and 1 a month.
Are startup rounds bigger in Italy or Mexico?
The median round is $3.8M in Italy and $13M in Mexico, and the average round $15.3M and $57.3M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in Italy?
The biggest startup rounds in Italy since 5 June 2025 are Exein ($270M, 15 Sept 2026), Bending Spoons ($270M, Growth, 30 Oct 2025) and AAVantgarde Bio ($141M, Series B, 3 Nov 2025).
What is the biggest startup round in Mexico?
The biggest startup rounds in Mexico since 5 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).
Which sectors attract the most startup funding in Italy and Mexico?
In Italy, AI ($544M, 30% of the capital), Enterprise software ($358M, 20%) and Health ($335M, 19%) lead. In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead.
Is Italy or Mexico better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 57% of rounds in Italy and 61% in Mexico. Italy recorded 52 Pre-Seed or Seed rounds and Mexico 6 Pre-Seed or Seed rounds, with a median of $2.3M and $4.8M.
How much growth funding (Series B and later) goes to Italy and Mexico?
Startups in Italy raised $461M in 8 Series B or later rounds, 26% of the country's capital. In Mexico, $1B in 5 rounds, 79% of the capital.
Who are the most active startup investors in Italy?
CDP Venture Capital (29 rounds, 10 led), Vento (11 rounds) and United Ventures (8 rounds, 6 led) are the most active investors in Italy.
Who are the most active startup investors in Mexico?
Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.
Which investors back startups in both Italy and Mexico?
1 investor joined rounds in both countries. The most active: F-Prime Capital (1 in Italy, 1 in Mexico).
Which cities lead startup funding in Italy and Mexico?
Milan leads Italy with $976M across 53 rounds, ahead of Rome ($381M). Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M).
Which month brought the most startup funding?
In Italy, October 2025 ($474M). In Mexico, April 2026 ($405M).
How much did startups in Italy and Mexico raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in Italy raised $391M across 12 rounds and in Mexico $190M across 2 rounds.
Where does this data come from?
FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.