Turin, the heart of Italy’s Piedmont region, is shifting gears from its automotive legacy to become a thriving tech powerhouse. With a deep industrial heritage, world-class research institutions, and strong focus on innovation, Turin’s startup ecosystem shines.
As a testament to this transformation, during the latest Web Summit, Turin was awarded the European Capital of Innovation 2024-2025 (iCapital) award, the European Commission’s annual recognition prize celebrating European cities with dynamic, inclusive, and sustainable innovation ecosystems.
In May 2024, the Italian government established the Italian Institute of Artificial Intelligence for Industry (AI4I) in Turin, aiming to drive transformative, application-oriented research in AI, particularly in sectors like Manufacturing, Aerospace, and Automotive.
Newcleo is revolutionizing nuclear energy with a $144.4 million investment in Italy (2025-2027), including a cutting-edge R&D center in Turin. Partnering with the Italian Institute of Technology, this move strengthens Turin’s position as a hub for advanced tech innovation.
In 2024, Neva SGR launched two new funds: Neva II and Neva II Italia. The new funds, dedicated to investments in companies committed to providing business solutions to global problems, will have a final investment capacity of $565 million. Both funds have a mandate to focus their attention on companies operating in priority sectors for the future of the planet, such as Life Sciences, energy transition, digital transformation, next-generation manufacturing, and aerospace.
In October 2025, Turin will host Italian Tech Week, a leading tech conference where founders, investors, and global industry leaders come together to connect and grow. The event will reach new heights as Jeff Bezos, founder of Amazon and Blue Origin, headlines the conference.
