Founded in 2016, today Indaco Venture Partners SGR is the largest independent Italian venture capital asset management company, with a strong specialization in companies that innovate in electronics and robotics, medtech, digital and new materials.
Indaco manages over 250 million across its five funds. Investments in Indaco Ventures Fund I are focused on growth-stage companies whose competitive advantage stems from cutting-edge proprietary technologies and innovations. In terms of teams and technologies, the focus is on Italian enterprises, although investments are made throughout Europe, USA, Canada and Israel.
Anchor institutional investors in Indaco Ventures Fund I include Intesa Sanpaolo, Fondazione Cariplo and Fondo Italiano d’Investimento. In the digital sector, Indaco has an advisory partnership with growITup.
The investment team managers have more than 10 years of experience in venture investing in Italy and abroad and have executed a high number of successful exits, including IPOs and transactions with corporate partners.
Intesa Sanpaolo is the banking group which was formed by the merger of Banca Intesa and Sanpaolo IMI. The merger brought together two major Italian banks with shared values so as to increase their opportunities for growth, enhance service for retail customers, significantly support the development of businesses and make an important contribution to the country’s growth.
Intesa Sanpaolo is among the top banking groups in the euro zone, with a market capitalisation of 37.2 billion euro(1).
Intesa Sanpaolo is the leader in Italy in all business areas (retail, corporate, and wealth management). The Group offers its services to 11.9 million customers through a network of over 4,500 branches well distributed throughout the country with market shares no lower than 12% in most Italian regions.
Intesa Sanpaolo has a strategic international presence, with approximately 1,100 branches and 7.5 million customers, including subsidiaries operating in commercial banking in 12 countries in Central Eastern Europe and Middle Eastern and North African areas, and an international network of specialists in support of corporate customers across 25 countries, in particular in the Middle East and North Africa and in those areas where Italian companies are most active, such as the United States, Brazil, Russia, India and China.
Fondazione Cariplo is an Italian grant-making foundation that operates with the sole purpose of pursuing the social good and promoting economic development.
Since its establishment in 1991, Fondazione Cariplo has enabled the accomplishment of over 30,000 projects of non-profit organizations – operating in the fields of Arts & Culture, Environment, Scientific Research and in the Social realm – providing over €3 billion in grants.
Inspired by the principle of subsidiarity, the Foundation fosters the analysis and anticipation of social needs, supports the development, testing and scaling of innovative and high impact solutions, as well as the dissemination of successful practices.
Fondo Italiano d’Investimento SGR is a management company owned by Cassa Depositi e Prestiti, UniCredit, Intesa San paolo, Monte dei Paschi di Siena, Nexi, ABI and Confindustria.
The company manages eight closed-end investment funds for a total amount of around 2.7 Bln Euro: 6 fund of funds dedicated to private equity, venture capital and private debt, one private equity fund (Innovazione e Sviluppo) and one late stage venture capital fund (FII Tech Growth).
H-Invest is the Family Office of Doris’ family. Our investment in Indaco Ventures Fund I combines the expectation of an adequate return on the capital invested with the broader scope of supporting the Italian start-up eco-system.
growITup is an open innovation platform in the digital area created by Cariplo Factory in partnership with Microsoft Italia. growITup is advisor of Indaco Venture Partners SGR in the digital space.
growITup is an initiative aimed at boosting innovation and Italian excellence, creating a bridge between the most representative corporations and the best post-seed digital startups. growITup’s goal is to support corporates in their innovation journey and to contribute to the growth of successful Italian startups providing them collaboration and investment opportunities.
Cariplo Factory is the innovation hub created by Fondazione Cariplo fostering digital transformation and talent management.
Techwald is a Holding Company investing exclusively in Healthcare Innovation with a key strategic focus on MedTech Industry and Medical Technologies which can provide benefit and value for Patients, Doctors and Healthcare Systems and reward Shareholders with a sound and ethical profit.
Techwald S.p.A. is advisor of Indaco Venture Partners SGR in the healthcare space.
Istituto Italiano di Tecnologia is a research center financed by the State, promoting excellence in basic and applied research and encouraging the development of the national economy. IIT research activities, characterized by a strong multidisciplinary approach, are dealing with robotics, nanomaterials, technologies for life science, computational science and AI. A fundamental aspect of IIT mission is to promote the creation of new start-up projects among researchers of the institute whose proactivity has led to the creation of several start-ups in high-technology fields such as health tech, new materials, energy and robotics. Moreover, other new companies are currently being launched. IIT start-ups and start-up projects are looking for investors or business partners coming from financial and/or industrial related sectors.
The management team owns 51% of Indaco Venture Partners SGR, Intesa Sanpaolo and Futura Invest (Fondazione Cariplo) are minority shareholders with 24,5% each.
Board of Directors:
Salvatore Bragantini – Chairman
Elizabeth Robinson – Vice Chairman
Davide Turco – Managing Director
Board of Statutory Auditors:
Federica Mantini – Chairman