(Teleborsa) – CDP Venture Capital Sgr across the Fondo Corporate Partners I aims to grow the Italian “venture” ecosystem thanks toinvestment in startups and innovative SMEs in the most strategic sectors for the country. In the United States – it is emphasized – corporate venture capital contributes more than 50% to total investments in startups, while in Italy only 20%.
“Corporate venture capital is an essential tool for guaranteeing the development of a country like Italy, world leader or co-leader in various supply chains and production processes” he declares Enrico’s Picture, Chief Executive Officer and General Manager of CDP Venture Capital Sgr.
With a initial endowment of 180 million euros allocated by CDP Equity and the Ministry of Economic Development, the Fund operates in four sectors: IndustryTech, EnergyTech, ServiceTech e InfraTech, each focused on a strategic supply chain, with the operational participation of the corporates in the specific sector of competence.
In the first weeks of operation, the Corporate Partners I Fund has a first major closing of 57 million has already been signed of euro, relating toIndustry Tech, a sector focused on innovation in the industrial manufacturing sector (automation, robotics, 3D printing, Internet of Things, applications of new software and hardware, VR & AR sensors).
Some large companies are among the fund’s first investors, such as the Adler Group, a leader in the production of solutions for the transport industry, the Camozzi Group, a leader in industrial automation, and the Marcegaglia Group, a leader in the transformation of steel.
The objective of the Corporate Partners I Fund is to close funding in all segments by the end of 2021, with a subscription target of 100 million euros for each of the four areas envisaged.