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BlackSheep MadTech Fund

Kingmaker TierBased on the data VC Catalog holds.

Kingmaker Tier: 81 out of 100

Also known as BlackSheep SGR S.p.A.

  • AI models & AI infrastructure
  • Cloud & networking
  • Cybersecurity
  • Data & analytics
  • Developer tools
  • HR & future of work
  • Legal, compliance & govtech
  • Productivity & collaboration
  • Robotics & automation
  • Sales & marketing tech
  • Vertical software
  • Seed
  • Series A
  • Series B
  • AI native
  • Europe
  • VC
  • B2B
Investor type
VC
Investing status
Activeas of 2026-09-21Source (opens in a new tab)
Headquarters
Milan, Italy
Funds
3
Legal name
BlackSheep SGR S.p.A.
Claim, correct or request removal

Record updated 27 September 2026

About

We invest in exceptional founders building AI-native platforms that automate mission-critical workflows within specific data-intensive industries, from Seed to Series B across Europe.

Investment approach

Thesis
BlackSheep Fund II is built on the conviction that the most durable AI companies will be those that embed intelligence directly into the operational workflows of specific industries.Source (opens in a new tab)
Leads rounds
Sometimes
Lead policy
Lead and co-invest.
Takes board seats
Yes
Board policy
Active board participation.
Eligibility
For founders building Vertical AI, automation, or B2B SaaS companies raising Seed to Series B.
Investing status notes
BlackSheep II — Domain-Specific AI is currently active.

Funds

BlackSheep II — Domain-Specific AI
$170MMain fund, Announced close
BlackSheep II — Domain-Specific AI
$170MMain fund, Announced close
BlackSheep MadTech Fund
$50MMain fund, Announced close

Locations

Office
Milan, Italy

Programs

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