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ilaria-cavalleri

Investment Principal, Space Strategy at Primo Space (Primo Capital), managing dealflow and portfolio support across Primo Capital's 19+ space-economy portfolio companies; joined Primo Capital in 2024 after roughly a decade at Cenciarini and Co. and as Partner at TLI Space; Bocconi University finance and management degree; teaches entrepreneurship and corporate finance as a Bocconi Fellow.

Ilaria Cavalleri is Investment Principal, Space Strategy at Primo Capital SGR, where she manages dealflow and supports the strategic and commercial development of the firm's Primo Space portfolio - more than 19 companies spanning upstream (electronics, materials, manufacturing, launch, satellites) and downstream (Earth observation, satellite data, satellite networks) segments of the space economy. She joined Primo Capital in 2024 after roughly ten years in early-stage investment, including roles at Cenciarini and Co. (Associate to Partner, seed-stage investments) and as a Partner at TLI Space. Earlier she worked in corporate finance and cross-border M&A in Australia before returning to Italy. She holds a Finance and Management degree from Bocconi University, where she has been a teaching Fellow, and founded Scaleupitaly.com, a site covering Italian innovation and venture-capital trends.

Overview

Role
Investment Principal
Based in
Milan, Italy
Prior experience

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Affiliated funds1

Frequently asked

Who is ilaria-cavalleri?
Ilaria Cavalleri is Investment Principal, Space Strategy at Primo Capital SGR, where she manages dealflow and supports the strategic and commercial development of the firm's Primo Space portfolio - more than 19 companies spanning upstream (electronics, materials, manufacturing, launch, satellites) and downstream (Earth observation, satellite data, satellite networks) segments of the space economy. She joined Primo Capital in 2024 after roughly ten years in early-stage investment, including roles at Cenciarini and Co. (Associate to Partner, seed-stage investments) and as a Partner at TLI Space. Earlier she worked in corporate finance and cross-border M&A in Australia before returning to Italy. She holds a Finance and Management degree from Bocconi University, where she has been a teaching Fellow, and founded Scaleupitaly.com, a site covering Italian innovation and venture-capital trends.
What is ilaria-cavalleri's role?
ilaria-cavalleri is Investment Principal, based in Milan, Italy.

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Sources & citations4

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  1. 1

    Ilaria Cavalleri is Investment Principal, Space Strategy at Primo Capital. She manages dealflow and supports strategic and commercial development for more than 19 companies across upstream and downstream segments of the space-economy portfolio.

    Primo Capital: Ilaria Cavalleri | Primo Capital
    Verified2026-08-12
  2. 2

    Ilaria Cavalleri, Investment Principal at Primo Space, commented on Primo Space's EUR1.7 million investment in MON5, a cybersecurity company for the space economy.

    StartupBusiness.it: Mon5 receives EUR1.7 million for industrial cybersecurity
    Verified2026-08-12
  3. 3

    Ilaria Cavalleri graduated in Finance and Management from Bocconi University. After working in corporate finance and investment banking in Australia, she returned to Italy to do similar work for smaller companies. She teaches entrepreneurship at Bocconi University and works at Primo Space, a leading Italian venture capital fund dedicated to space technology.

    Ilaria Cavalleri (personal site): About me - scaleupitaly
    Reported2026-08-12
  4. 4

    Ilaria Cavalleri, Investment Principal at Primo Space, spoke on Navigating the VC Landscape: What Founders Should Know at the kick-off of Bocconi's B4i Pre-Acceleration Program (batch XII), September 2025.

    B4i (Bocconi University): 6 fundraising fundamentals by Ilaria Cavalleri
    Reported2026-08-12