Avatar Investments was founded in Milan in 2025 by Riccardo Basile and Ludovico Fassati. We exist because most European companies are lagging behind on AI adoption — and most consulting firms are still selling slides, not shipping systems.
Riccardo Basile is the co-founder of Lazada, the Southeast Asian e-commerce leader acquired by Alibaba Group for ~$1 billion. Ex-McKinsey. Bocconi and NYU Stern.
Ludovico Fassati was CEO of Cobra Telematics (now Vodafone Automotive), President & CEO of Vodafone IoT Americas, and SVP Americas at Nexar AI. Bocconi.
Avatar is the Palantir Preferred Partner in Italy. We led the deployment of Foundry and AIP at Fedrigoni, the global specialty papers leader, as announced in the Palantir Investor Relations press release (June 2025).