Primo Capital SGR is an investment company specialized in venture capital and private equity with over € 500 million in assets under management, its funds are deployed across four investment areas: digital, space, climate and health. The firm is looking for an Investment Associate to join the spacetech investment practice. This is an exceptional opportunity for a sharp, driven individual to gain hands-on experience across the entire venture capital lifecycle, from fund operations to deal origination and execution.
We are looking for a candidate who is passionate about technology, has a strong analytical mindset, and is eager to contribute to our mission of backing the next generation of tech entrepreneurs in Italy and Europe. The ideal candidate will combine a rigorous technical background with an understanding of financial operations and interpersonal skills.
Primo Space
Primo Space, part of Primo Capital SGR, is a Milan-based venture capital fund focused on space technology and the first one in continental Europe. The fund invests in seed and early stage venture deals in both upstream and downstream segments, including other technical and industrial verticals (robotics, AI, telco, cybersecurity, environment) related to space applications. The team invested in 19 companies across seven countries. Primo Capital is an equal opportunity employer committed to a diverse and inclusive work environment.
Why Primo Space
Being part of the Space Economy revolution
Joining an established VC fund with high impact within the Italian and European ecosystem
Connecting with smart founders and investors at the frontier of the market
Increasing your knowledge of technologies, markets and business models
Working in a fast paced, flexible and innovative environment
Job Responsibilities
Support investment transactions from inception through closing
Proactively manage scouting and deal sourcing activities
Conduct evaluation of new investment opportunities, including business model analysis and competitor research
Review documentation and Data Rooms of potential targets, performing additional industry research and background checks
Building financial models for investment transactions
Creation of detailed information memorandums and synthetic financial reports
Supporting portfolio companies in their financial, technical and commercial needs while maintaining relationships with entrepreneurs and their teams
Work on investor reporting and support fundraising efforts
Keep up-to-date statistics and maintain records of meetings and processes
Represent the company at networking initiatives and conferences
Requirements
2-4 years of experience in VC/PE funds, accelerators, high-growth companies or banking/consulting with experience in investment analysis, dealmaking and portfolio management
STEM or Aerospace engineering background is a plus
Passion for entrepreneurship, deep tech and/or the space industry
Ability to identify and evaluate entrepreneurs, business models and companies
Financial savviness, fluency with business analysis metrics and ability to process them with AI tools
Fluency in Italian (100%) and English (100%), oral and written
Extremely fast learner with high fluid intelligence
High interpersonal and organizational abilities
Flexibility with respect to tasks and ability to work independently with a goal-oriented approach
High ambition with low ego
Structure
Full-time hiring
Application deadline: January 20, 2026
Applications only through email: careers@primo.vc
Please submit your CV and a short cover letter (max 1 page) highlighting your motivation to join Primo Space and other relevant experiences (dealmaking, future plans, personal interests) that are not listed or detailed in the CV. Applications missing one of the two elements will be discarded. In the subject field, indicate your name and the position for which you are applying with this format: “Name Lastname - Investment Associate – Primo Space”
Process: 3+ interview rounds and written business case
Hybrid work policy – up to 8 days per month
Start date: Q1 2026
Additional note
Studies have shown that women and people from unprivileged backgrounds are less likely to apply to jobs unless they meet every single qualification. At Primo Capital we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.