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United Ventures

Italian venture capital firm; existing investor in Exein, continuing participation through its Series B and Series C rounds.

Milan-based independent venture capital firm founded in 2013 when Massimiliano Magrini (former Country Manager, AltaVista and Google Italy; founder, Annapurna Ventures) and Paolo Gesess merged their respective funds. It runs both early-stage and growth-equity vehicles, investing in enterprise software, fintech, cloud, IoT, cybersecurity, marketplaces, and deep tech, framed as 'we invest in people and technology.' United Ventures has backed Exein across four consecutive rounds since 2018.

Overview

Firm
United Ventures
Headquarters
Milan, Italy
Founded
2013
AUM
Stages
Thesis
We invest in people and technology — enterprise software, fintech, cloud, IoT, cybersecurity, marketplaces, and deep tech, across early-stage and growth-equity vehicles.

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Sources & citations2

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    United Ventures continued its investment in Exein through its €15M Series B (July 2024).

    United Ventures: Our Continued Investment in Exein
    Verified2024-07-12
  2. 2

    United Ventures followed on in Exein's €70M Series C (July 2025), led by Balderton.

    Partech: Exein raises €70M in Series C funding to secure billions of IoT devices worldwide
    Verified2025-07-16