About Prana Ventures
Prana Ventures is a venture capital firm founded in 2019. It is primarily based out of Milano, Italy. As of May 2026, Prana Ventures is an active investor, having invested in 34 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Italy based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series B round of Cosmico Overall, Prana Ventures portfolio has seen 1 IPO and 2 acquisitions, namely Aryel and Softec. A lot of funds co-invest with Prana Ventures, with names like Inflexor sharing a substantial percentage of its portfolio. Prana Ventures has team of 7 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Deals in last 12 months
Prana Ventures' List of Top Investments
Prana Ventures has a portfolio of 34 companies. Their most notable investments are in Hercle and Pica Group.Their portfolio spans across Italy, India, Singapore and 2 more locations. They have invested in Enterprise Applications, Consumer, Retail and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Prana Ventures:
1. CloudSEK
Provider of predictive attack path intelligence and digital risk monitoring. This platform identifies and maps external attack surfaces to detect vulnerabilities, leaked credentials, and shadow assets. It utilizes graph-based analysis to connect security signals, allowing for the identification of exploitable paths within an infrastructure. The technology monitors the deep and dark web for data leaks, brand impersonation, and supply chain risks. Automated scanning tools assess mobile applications and cloud environments to uncover misconfigurations. By aggregating threat intelligence, the system assists in prioritizing remediation workflows to prevent unauthorized access to sensitive data.
Key facts about CloudSEK
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $42.7M
- Employee Count: 236 as on May 31, 2026
- Investors: MassMutual Ventures, Exfinity Venture Partners and 18 Others
- Latest Funding Round: Series B, Jan 13, 2026, $*****
- Highlight: Editors' Pick
2. Hercle
Provider of infrastructure for cross-asset and cross-border transactions using digital assets. The platform facilitates trading, conversions, settlement, and on/off ramps. It offers APIs for secure value transfer and trading. The infrastructure embeds risk, Anti-Money Laundering, and compliance controls. It supports brokerages, banks, payment providers, and global businesses.
Key facts about Hercle
- Founded Year: 2019
- Location: Milan (Italy)
- Stage: Series A
- Total Funding till date: $11.8M
- Employee Count: 42 as on May 31, 2026
- Investors: Banca Sella, F-Prime Capital and 5 Others
- Latest Funding Round: Series A, Oct 29, 2025, $*****
- Highlight: Editors' Pick
3. Cosmico
Key facts about Cosmico
- Founded Year: 2020
- Location: Milan (Italy)
- Stage: Series B
- Total Funding till date: $20.2M
- Employee Count: 159 as on May 31, 2026
- Investors: Intesa Sanpaolo, Growth Engine and 11 Others
- Latest Funding Round: Series B, May 18, 2026, $*****
4. Aryel
Provider of an augmented reality-based marketing platform. The platform helps businesses and creative agencies to create, launch, and manage augmented reality marketing campaigns. The performance of the AR campaign can be improved with the interactions and geodata analytics that the platform provides.
Key facts about Aryel
- Founded Year: 2019
- Location: Milan (Italy)
- Stage: Acquired
- Total Funding till date: $3.96M
- Employee Count: 48 as on May 31, 2026
- Investors: Selected Investments, Prana Ventures and 4 Others
- Latest Funding Round: Seed, Feb 13, 2023, $*****
- Highlight: Acquired
5. Pica Group
Online photo-sharing platform. It enables users to receive pictures of various events directly on their smartphones. The mobile application is available for Android and iOS devices.
Key facts about Pica Group
- Founded Year: 2018
- Location: Milano (Italy)
- Stage: Seed
- Total Funding till date: $5.87M
- Employee Count: 34 as on May 31, 2026
- Investors: CDP Venture Capital, Luiss Alumni 4 Growth and 1 Other
- Latest Funding Round: Seed, Jul 08, 2025, $*****
- Highlight: Editors' Pick
Prana Ventures' Year-on-Year Investment Trends
Prana Ventures has invested in 34 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 2 investments, while as of May 2026, it has made 1 investment in this year. Its most recent first time investment was in Pica Group and most recent follow-on round was in Cosmico.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 2 | 0 | 2 |
2024 | 1 | 1 | 2 |
2023 | 3 | 1 | 4 |
2022 | 3 | 0 | 3 |
Prana Ventures' Investments by Stage
Prana Ventures has made 6 investments in Seed stage with an average round size of $1.09M, 2 investments in Series A stage with an average round size of $9.66M and 1 investment in Series B stage with an average round size of $19M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Prana Ventures' Investments by Sector
Prana Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Retail and Travel and Hospitality Tech. Notably, it has invested in 21 Tech companies, 14 Consumer (B2C) companies, 14 Enterprise (B2B) companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Consumer | 4 |
High Tech | 3 |
Retail | 2 |
Travel and Hospitality Tech | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Prana Ventures' Investments by Geography
Prana Ventures has made most investments in Italy (8), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
Italy | 8 |
India | 1 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Prana Ventures' recent investments
Prana Ventures has made 1 investments in 2026 so far - Cosmico.Here are the most recent investments by Prana Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 18, 2026 | Italy | Series B | 3541 | ||
Jul 08, 2025 | Italy | Seed | 2204 | - | |
Apr 22, 2025 | Singapore | Series B | 8468 | [+7] | |
Apr 18, 2024 | Italy | Series A | 9522 | [+3] | |
Feb 13, 2024 | Italy | Series A | 6027 | [+3] |
IPOs and Publicly Listed companies in Prana Ventures' Portfolio
1 of Prana Ventures' portfolio company became public - Softec.Here are Prana Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 5134 |
Acquired companies in Prana Ventures' Portfolio
2 companies from Prana Ventures' portfolio have been acquired. The most recent acquisition was Aryel in Mar 2026 by OneTag for $*****.Here are Prana Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 02, 2026 | Apr 15, 2022 | Seed | 1179 | |
Aug 13, 2021 | - | - | 7166 |
Team profile of Prana Ventures
Prana Ventures has a team of 7 members including 4 Partners located in Italy. Prana Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Prana Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Gaggiano | - | ||
Partner | Milan | - | - | |
Partner | Milan | - | - | |
Partner | Milan | - |
Co-investors of Prana Ventures
Over the past 4 years, 46 investors have co-invested in Prana Ventures's portfolio companies. This includes funds and angels.
- Invested before Prana Ventures: Exfinity Venture Partners, Startupxseed Ventures and 14 others have invested in rounds before Prana Ventures. There is 1 company where Exfinity Venture Partners has invested before Prana Ventures and 1 company where Startupxseed Ventures has invested before Prana Ventures.
- Top Co-investors of Prana Ventures: 16 investors entered a company along with Prana Ventures. These include investors like Inflexor (1 company).
- Invested after Prana Ventures: A total of 14 investors have invested in Prana Ventures's portfolio after their investments. Top Investors include Connecticut Innovations (1 company), F-Prime Capital (1 company) and Fulgur Ventures (1 company).
Recent News related to Prana Ventures
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CloudSEK secures $10M investment from US state fund, a first for Indian cybersecurity firmsLivemint•Jan 13, 2026•CloudSEK, Connecticut Innovations, Tenacity Ventures, Neon and 7 others
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GetPica, round led by PranaVentures. Fundraising rises to 5 million eurosTeleborsa•Jul 08, 2025•Prana Ventures, Pica Group
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CloudSEK, a cybersecurity startup, secures $19 million in fundingYourStory•May 21, 2025•CloudSEK, MassMutual Ventures, Inflexor, Prana Ventures and 5 others
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CloudSEK Raises $19M to Advance Predictive Cybersecurity and Expand Globally
TechStory•May 21, 2025•CloudSEK, MassMutual Ventures, Inflexor, Prana Ventures and 5 others
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The Bergamo startup Daze, leader in charging solutions for electric cars, closes a capital increase of 15 millionPrima Comunicazione•Apr 18, 2024•Daze, CDP Venture Capital, Europa, Simest and 4 others
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Daze Brings Cdp Venture Capital And Eic-fund On Board: 15 Million For Charging InfrastructureDealflower•Feb 13, 2024•Daze, CDP Venture Capital, European Innovation Council, Founders Future and 7 others
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Pranaventures leads the 1.7 million round in favor of HercleDealflower•Oct 04, 2023•Prana Ventures, Kairos, Hercle
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Tourism insurtech BeSafe Group closes a 3 million euro roundDealflower•Sep 27, 2023•BeSafe Suite, Prana Ventures, Azimut Libera Impresa, CDP Venture Capital and 2 others
