Organization · Incubator

Digital Magics

Digital Magics is a business incubator based in Milan, Italy, that supports innovative startups and SMEs in the digital sector. With multiple offices across Italy and one in London, it focuses on accelerating digital business growth.

IncubatorFunderProgram host

Overview

What Digital Magics does

What Digital Magics is

Digital Magics is a business incubator based in Milan, Italy, that supports innovative startups and SMEs in the digital sector. With multiple offices across Italy and one in London, it focuses on accelerating digital business growth.

How it participates in the startup ecosystem

The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Incubator
Founded
Founded in 2003
Approximate age
About 23 years
Structured capabilities
Funder · Program host
Last reviewed
March 7, 2026
What Incubator means

An incubator is a support environment for turning a nascent idea or early company into a startup that is more ready for customers, funding, or an accelerator.

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Official channels

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Capability profile

Digital Magics as a funder

Investment thesis

Digital Magics focuses on incubating innovative startups in the digital sector, providing support and resources to help them grow.

Focus narrative

Digital Magics invests in various digital sectors, including FinTech/InsurTech, Internet of Things, Health, Travel, e-commerce marketplace, Enterprise software, Martech and Adtech, FoodTech, Transportation, Artificial Intelligence (AI), Industry 4.0, and Blockchain. The organization aims to launch between 20 and 25 acceleration programs annually, targeting high-potential sectors.

Focus and fit

Stages
Accelerator
Sectors
Fintech · Insurtech · IoT · Healthcare · Travel · Commerce · SaaS · Marketing · Food and AgTech · Mobility · AI
Regions
Europe

Availability

Currently deploying
Not published

Portfolio and track record

Recorded portfolio count
145
Recorded notable exits
The Okapi Network S.r.l., Ekore, Homsai, Newarc, Sunspeker, and Domethics, plus 2 more

Portfolio context

As of June 30, 2023, Digital Magics has a portfolio of 145 startups with a total value of €42 million. Notable exits from their portfolio include The Okapi Network S.r.l., Ekore, Homsai, Newarc, Sunspeker, Domethics, Houseplus, and Yago.

Capability profile

Digital Magics as a program host

Program thesis

Digital Magics operates as a business incubator for innovative startups, particularly in the digital sector, focusing on high-value technological content and services.

Focus narrative

Digital Magics invests in a wide range of digital sectors, including FinTech/InsurTech, Internet of Things, Health, Travel, e-commerce marketplace, Enterprise software, Martech and Adtech, FoodTech, Transportation, Artificial Intelligence (AI), Industry 4.0, and Blockchain. The organization aims to launch between 20 and 25 acceleration programs annually, targeting high-potential sectors.

Format and cadence

Cohorts per year
25

Availability

Application state
Not published

Focus and fit

Stages
Pre-seed · Seed
Sectors
Fintech · Insurtech · IoT · Healthcare · Travel · Commerce · SaaS · Marketing · Food and AgTech · Mobility · AI
Regions
Europe

Alumni and track record

Alumni context

Digital Magics has a portfolio of 145 startups with notable exits including The Okapi Network S.r.l., Ekore, Homsai, Newarc, Sunspeker, Domethics, Houseplus, and Yago.

Common questions

What to know about Digital Magics

Upseed classifies Digital Magics under the Incubator organization type. Its current public profile includes funder and program host capabilities.

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 7, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.