Nurturing emerging technology startups
to help them grow in European markets
An added-value company to support global founders
developing businesses across Italy and Europe
Neva SGR is the perfect blend of strength, reputation and stability of the Intesa Sanpaolo Group and the
best practices of international venture capital firms.
- to boost the Italian economy through new technologies
- to be market maker of the VC asset class of
venture capital in Italy
- deep insight on innovation needs of the top European Banks
- large European corporate client network
- access to research and talent pools
- support in researching sources of financing
FOR CORPORATE PARTNERS
- breakthrough innovation exposure
- opportunity for partnership agreements
- opportunity for co-investment
- connection to the top international talents
- investment in future global top companies
- contribution to the new economy
- professional approach to investment, supported by international best practice experts. Investment decision taken by independent Investment Committees
- diversification in sectors, geography and shareholding value
- Stage: Late Seed to Series B/C
- Average ticket: €4M
- Market validated technology & product
- Proceeds to support scaling
- Recognition of value from our experts network, also in collaboration with
the Intesa Sanpaolo Group and our corporate partners
This first fund is EUR 250 million
and invests in Italy and abroad.
Geography: Worldwide, except as provided for in the regulations, with a minimum of 30% in Italian companies
NEVA FIRST ITALIA
The Neva First Italia Fund
co-invests with the Neva First Fund in
Geography: Startups with headquarter and direction in Italy, or in a country member of the EU, UK and Switzerland and production or reserch and development activities in Italy
The sectors of interest of our funds
The Fund invests in Undertakings for Collective Investment (UCITS) or other types of vehicles managed by third parties such as:
- startup studios
- holding companies
which aim to implement research, selection, acceleration and professionalization programs for startups in Italy.
The Sviluppo Ecosistemi di Innovazione fund will have initial resources of €15 million, fully subscribed by Intesa Sanpaolo Innovation Center, and a future maximum amount of €50 million, reserved for qualified investors.
Neva took part in "Italy – United States of America: International Cooperation on Emerging Biotechnologies and Life Sciences"
Yesterday, November 14, 2023, the first conference of the biotechnology sector between Italy and the United States took place in Rome at the Farnesina, with the title “Italy – United States of America: International Cooperation on Emerging Biotechnologies and Life Science” and the aim of supporting "Made in Italy" innovation and strengthening the relationship with international stakeholders (VC funds, crossovers, retail investors, analysts, banks, media, institutional stakeholders).
The conference was attended by Minister of Foreign Affairs and International Cooperation Antonio Tajani, U.S. Ambassador to Italy Jack Markell, Minister for Business and Made in Italy Adolfo Urso, Minister of University and Research Anna Maria Bernini, Minister of Health Orazio Schillaci.
Neva SGR was represented by Liliana Nordbakk, venture partner for the Life Science sector. During her speech, Liliana discussed NEVA's investment thesis, which is based on the convergence of artificial intelligence and biotech. This convergence is expected to fuel the next generation of life science companies, especially in emerging technologies like gene and cell therapies, which can potentially cure genetic diseases.
Neva First Fund:
Route to Growth 23
On last September 13, 2023, Neva SGR hosted the
"Neva First Fund: Route to Growth 23" event at the OGR offices in Turin.
More than 260 people attended the event, with a huge participation from Corporations, Portfolio Companies and Intesa Sanpaolo Group representatives.
The intensive days of work at the event resulted in multiple networking meetings and creation of business opportunities between start-ups, client companies and Intesa Sanpaolo.
We thank all the participants who took part in the event.
Neva SGR doubles: two new funds for 500 million euros of investments in highly innovative emerging companies
13/09/2023 - The two new funds Neva II Global and Neva II Europe were presented today at the Officine Grandi Riparazioni in Turin. They will be launched in the second half of 2024 and will focus on companies that adopt the best ESG and Circular Economy policies by providing business solutions to global problems.
Neva First Italia closes the investment period 2 years early
08/08/2023 - The Neva First Italia Fund, launched in November 2021, completed on 30 June, 2023 its investment period, ahead of the closing date scheduled for August 2025.
The Fund, subscribed by Neva SGR and Fondo di Fondi VenturItaly and Fondo di Co-Investimento MiSE, and fully managed by CDP Venture Capital SGR and dedicated to highly innovative Italian startups, made a total of 7 million euros of investments in 9 startups, favoring the total collection by the 9 Italian startups of over 160 million euros, 33 of which coming from the Neva First Fund, Neva SGR's vehicle for investments at a global level.
Neva First and Neva First Italia invest in Leaf Space
25/07/2023 – Neva SGR, is excited to announce the investment in Leaf Space, an Italian company operating in the aerospace industry and to contribute to their continued success in revolutionizing satellite communications. We congratulate Leaf Space on this achievement and look forward to seeing their progress in the aerospace industry. Neva continues to invest in Italian excellence and in a sector, such as aerospace, which is central to Italian economy.
Energy Dome announced the completion of the close of its second tranche of Series B funding, bringing the overall round to a total of EUR 55m (USD 60m)
21/07/2023 - Neva SGR congratulates Energy Dome, a company in the portfolio of the Neva First and Neva First Italia Funds, which has announced the completion of the close of its second tranche of Series B funding, bringing the overall round to a total of EUR 55m (USD 60m).
Investors who participated in the Series B funding round, either in the first or second tranche, are: EniNext, NevaSGR, Japan Energy Fund, Barclays’ Sustainable Impact Capital, CDP Venture Capital, 360 Capital Partners, Novum Capital Partners, Gruppo Brixia, Elemental Excelerator, Innovation Development Oman (IDO) Investments, Vopak Ventures, and other investors represented by Sagana.
Neva First and Neva First Italia invest in Energy Dome
27/04/2023 – Neva SGR announces its investment in Energy Dome, an Italian excellence that developed a new large-scale, high-efficiency,
high-durability battery (LDES - Long Duration Energy Storage) based on a thermodynamic process that uses carbon dioxide (CO2) and that can optimize the storage and use of energy from renewable sources. With this investment, we confirm that climate and energy transition technologies are among the key areas of our strategy.
Neva First and Neva First Italia invest in Caracol
03/03/2023 – Neva SGR is excited about its investment in Caracol, a leading Italian company in large-scale industrial 3D printing. Neva SGR continues to invest in Italy and particularly in a sector that has always been central to the Italian economy: the manufacturing Industry 4.0. The investment in Caracol and in its technology goes in the direction of rewarding Italian excellence ready to scale international markets, with regard to sustainability and the circular economy.
Neva First invests in CoreTigo
14/02/2023 - Neva SGR is excited to announce the investment in CoreTigo. Through this investment we are proud to connect the Italian manufacturing industry with CoreTigo, leader in the development of the Industrial Internet of Things.
Since January 2022, through our Neva First Fund, we have invested more than €23 million in six Israeli companies operating in various sectors, from IT to cybersecurity, from quantum computing to agri-food tech.
Venture capital: the entrepreneurs – David Rutter e Dror Liwer
Neva SGR presents the entrepreneurs of some of its important portfolio companies, which bring an innovative drive to their sector with the ambition to be protagonists, growing exponentially and with a global reach. The word to David Rutter, CEO & Co-founder for R3 and to Dror Liwer, Co-founder & Chief security officer for Coro.
Venture capital: the entrepreneurs - Maria Grazia Roncarolo, Giorgio Tinacci and Luca Rossettini
Neva SGR presents the entrepreneurs of some of its important portfolio companies, which bring an innovative drive to their sector with the ambition to be protagonists, growing exponentially and with a global reach.
The word to prof. Maria Grazia Roncarolo for TR1X, to Giorgio Tinacci for Casavo and to Luca Rossettini for D-Orbit.
Venture capital in the world: Paola Bonomo, Dani Schaumann, Patrick Guerra and Ronald Weissman testimonials
Neva presents the experiences of those who have lived venture capital for dozens of years in Europe, Israel and Silicon Valley, where technology is transformed into profit and economic value.
An impetus for European entrepreneurs to think and act globally, the energy of those in Israel in wanting to create something revolutionary, and finally Silicon Valley, where the best innovations, the ones that solve real problems, are born in a garage and commercialized. Right down to recognizing in the current turmoil an opportunity for funds and investors.
Event of 14 September 2022 Thanks to all the participants
On September 14, 2022, Neva hosted in Turin more than 500 participants including venture capitalists, institutional and private investors, experts, entrepreneurs and start-ups from all over Italy and several other countries, primarily the United States and Israel.
It was an opportunity to tell about the work that led to investments in 26 companies with a total allocated amount of about 150 million euros since 2020, the results achieved by the fundraising of our funds for 250 million for investments in innovative realities, and the plans for a new even greater sized fund planned for 2024.
We thank all participants and are pleased to share some of the contents of the event: video of the event
The “Fondo SEI” is born, which supports the development of Italian innovation ecosystems
18/10/2022 - The Fondo Sviluppo Ecosistemi di Innovazione (Fondo SEI) is born, will have initial resources of €15 million, fully subscribed by the Intesa Sanpaolo Innovation Center, for targeted investments in vehicles for the implementing research, selection, acceleration and professionalisation programmes for promising Italian start-ups with the aim of supporting the development of Italian innovation ecosystems.
Neva First invests in Cool Planet Technologies
29/09/2022 – Neva SGR is pleased to announce the investment in Cool Planet Technologies, a company that has developed a technology with the potential to respond effectively and quickly to the capture of CO2 in various industrial sectors. This is a concrete investment of the Neva First Fund in accordance with the industrial transition towards ESG principles.
Neva Sgr brings international venture capital to Italy and presents its development plans
14/09/2022 - 500 attendees including venture capitalists, investors, experts, entrepreneurs and start-ups from all over Italy and abroad, several speakers on banking, finance and innovation gathered to give a 360° view of the Italian and international Venture Capital panorama, also giving a vision of what has been achieved and the next developments of the company: all this in our big event today.
Neva First invests in Tr1X
14/09/2022 – Neva SGR announces its investment in Tr1X company which studies and develops cures for autoimmune diseases through the engineering of particular stem cells. Tr1X is an example of how Italian researchers can help revolutionize the pharmaceutical industry and change the future of our lives for the better, in a sector that contributes significantly to the Italian economy. We are proud to contribute to this great challenge, together with leading international investors in life science and to have Tr1x among the companies in our Portfolio.
Neva First and Neva First Italia invest in xFarm Technologies
05/08/2022 – Neva SGR is pleased to announce the investment in xFarm Technologies, a tech company already present in Switzerland, Italy and Spain. xFarm supports and simplifies the work of 110,000 farms in over 100 countries around the world through its digital platform.
xFarm combines the aspects of digital transformation with the transition of agri-food industry towards more sustainable models, in line with ESG principles. These elements are becoming more and more important for the economy of the future.
Neva Sgr (Intesa Sanpaolo): "Scegliamo realtà innovative con management affidabile"
03/08/2022 - I fondi della società prediligono chi punta sulla transizione digitale ed ecologica. BetaGlue Technologies e Casavo le ultime due operazioni annunciate.
Fonte: la Repubblica - Affari & Finanza
Intesa Sanpaolo closes two new transactions with Neva SGR
27/07/2022 - Neva SGR, an Intesa Sanpaolo Group company controlled 100% by the Intesa Sanpaolo Innovation Center, has, through its Neva First Fund, finalised two investments in BetaGlue Technologies and Casavo, highly innovative companies that operate respectively in life sciences and PropTech.
Neva First invests in Casavo
19/07/2022 – We are thrilled to announce our investment in CASAVO's Series D round alongside top-tier global investors: congratulations to Giorgio Tinacci and the entire CASAVO team! We look forward to offering our support to the creation of the PropTech European leader that is redesigning the experience of selling and buying homes thanks to its digital platform.
Neva First and Neva First Italia invest in BetaGlue Technologies
19/07/2022 – Neva SGR is enthusiastic to announce the first investment of the Neva First Italia Fund in BetaGlue Technologies, an Italian excellence.
Neva is rewarding an Italian excellence operating in the Life Science industry, a field with high economic and social impact. In addition to improving people's quality of life, BetaGlue Technologies will be able to generate important returns for the investors.
Yolo avvia bookbuilding per quotazione su Euronext Growth Milan
Yolo avvia bookbuilding per quotazione su Euronext Growth Milan
Fonte: la Repubblica - 19/07/2022
Remmert (Neva): «A settembre portiamo a Torino il primo summit sul venture capital»
Il presidente di Neva, Sgr di Intesa Sanpaolo, svela le ultime operazioni in società innovative (Cyberint e Coro) e il prossimo vertice sulla finanza delle startup.
Fonte: Corriere Torino
Neva First invests in Coro
18/07/2022 – Neva SGR is proud to announce the investment in Coro, Israeli company that has developed an all-in-one platform based on its own artificial intelligence engine, which detects the main cyber attacks, such as malware, ransomware, phishing and bots, providing automatic mitigation to the threats with zero human interaction. Cybersecurity is a strategic area for the economy of the future and we think that Coro can be an important player in the European market.
Neva First invests in Cyberint
21/06/2022 – Neva SGR is happy to announce the investment in Cyberint, a cyber security company that has developed a Digital Risk Protection solution, Threat Intelligence and Attack Surface Monitoring to protect companies from cyber threats by giving them ample visibility into their exposure to external risks.
Neva has evaluated Cyberint’s technical and service components with the Cyber Security department of the Intesa Sanpaolo Group, which recognizes the very high potential of the solution. We believe that Cyberint can be an important player in the European market.
Neva SGR congratulates on another important milestone achieved by Skydweller Aero
17/06/2022 - Skydweller Aero Inc., Luxembourg’s Directorate of Defense and Leonardo announce Collaboration Agreement to support flight test program for ultra-persistent, solar-powered, unmanned aerial platform.
20 million euros invested in the first six months of this year in Israeli companies that are shaping the future
20 million euros invested in the first six months of this year in Israeli companies that are shaping the future
Neva First invests in Seed-X
09/06/2022 – Neva SGR is excited to announce the investment in Seed-X, a software US and Israel-based company operating in the AgriTech and FoodTech sectors. We decided to invest in Seed-X because it’s a very promising investment and a disruptive technology for the Agricultural value chain. Based on artificial intelligence and computer vision, it is able to improve the quality of food and to reduce waste.
NEVA SGR congratulates on the results achieved by the portfolio company MODIFI
23/05/2022 - NEVA SGR congratulates on the results achieved by the portfolio company MODIFI, a Fintech player that supports SMEs in financing and managing their international trades. From Bangladesh and other Asian countries to North America and Europe, MODIFI is increasingly appreciated worldwide by offering a win-win solution for both exporters and buyers through its fully digital platform.
Neva First invests in Classiq
16/05/2022 – Neva announces with satisfaction the investment in Classiq an Israeli company, which operates in the field of Quantum Computing. We have decided to invest in this very high potential technology because we believe it can guarantee excellent returns for our investors. Furthermore, we are seeing the same high potential in several industrial sectors, including finance, which are already experiencing these new technological frontiers.
Neva First invests in vFunction
05/05/2022 – Neva participates in the follow-on investment in vFunction. vFunction is the first and only solution built to automatically and rapidly transform monolithic apps into microservices at scale.
We decided to invest in vFunction thanks to the validation of the Intesa Sanpaolo Group on the distinctiveness and value of the technology.
vFunction is a highly innovative solution that supports and facilitates the Corporation’s cloud strategy by accelerating the transformation and modernization of applications.
Neva First invests in Ternary
23/02/2022 – Neva SGR is pleased to announce the investment in Ternary, a US company that developed a SaaS platform to analyze, understand and optimize the costs deriving from the use of Cloud.
We believe that Ternary has enormous potential to become a leader in this market sector, #FinOps, which is crucial to the evolution of the information systems of the future.
The codec enhancement MPEG-5 LCEVC of V-Nova selected for the
next-generation television system in Brazil
D-Orbit publicly listed!
27/01/2022 - IPO is not a finish line but an important springboard for our portfolio companies!
This is the spirit that distinguishes the entrepreneurs we invest in.
Congratulations to Luca Rossettini and the D-Orbit team for this great result.
We are proud of our investment in a new Italian unicorn!
And now full speed ahead until the next goal!
Neva First invests in Pontoro
08/12/2021 - We are delighted to announce our investment in Pontoro, a financial technology company focused on transforming infrastructure financing.
The Company is targeting to disrupt the traditional infrastructure financing industry bringing connectivity between originators and institutional investors, using blockchain, to facilitate high-velocity distribution of infrastructure debt. Thanks to tokenization and securitization of real-world assets, the technology allows to create diverse pools of assets to be curated and accessed securely by a far greater spectrum of accredited investors at a much greater velocity, increasing liquidity and pricing transparency.
With this investment, Neva First Fund strengthens its position in the fintech space.
Launch of «Neva First Italia» the investment fund dedicated to innovative italian startups
06/12/2021 - Neva Sgr, the Intesa Sanpaolo Group's venture capital arm, has set up a new investment fund, "Neva First Italia“, dedicated to Italian innovative startups. The “Neva First Italia” fund will invest in parallel with our first fund, “Neva First”, which has already raised 200 million euros with a target to reach 250 million by 2022. These numbers and the collaboration with CDP Venture Capital SGR will give a strong boost to the venture capital sector, which is growing very fast in Italy.
Il volo di Neva.
Intesa si fa private e investe negli aerei di Skydweller che volano senza equipaggio - corriere.it
Neva First invests in Skydweller Aero
28/09/2021 - We are excited to announce the addition of a new disruptive technology to Neva First's portfolio - Skydweller Aero. With this investment, Neva First's portfolio has 14 very high potential companies working on today's challenges to build a new future.
Skydweller Aero is a disruptive aerospace company that has developed a solar-powered drone, a unique and extraordinary technology that exemplifies and promotes environmental sustainability. We believe that the company has the potential to become a billion-dollar company and that its business can also have a positive impact on the economy of our country in an industrial sector that has always been strategic for Italy.
Neva First invests in MODIFI
14/9/2021 - Neva SGR is excited to announce their investment in MODIFI, a company that has already proven to have raised funds from investors and industry partners around the world in a very short time and that we believe has the potential to become a billion euro company.
MODIFI is a global fintech that has developed a digital platform to help small and medium-sized businesses (SMEs) finance and manage their international trades. They have 9 offices in Asia, Europe and North America, and are serving over 1,000 importers and exporters in more than 40 countries worldwide.
We are excited to partner with MODIFI and help them grow even further!
Neva SGR opens the Neva First Fund to Intesa Sanpaolo Private Banking customers
12/8/2021 - We are pleased to announce the agreement with Intesa Sanpaolo Private Banking which will allow us to enhance and accelerate our investment capacity and development of our portfolio. The Neva First Fund has a collection target of € 250M and invests about 70% abroad and the remaining 30% in Italy. This configuration enables us to contribute around € 80M to the growth of the most promising Italian companies and to capture the great value of venture capital on the main international markets with the remaining 70% of the portfolio.
Neva First invests in V-Nova
26/7/2021 - Neva SGR is proud to announce the investment in V-Nova Ltd., a Deeptech company, with Italian roots that operates in the compression of video and image data streaming. V-Nova Ltd. has developed highly innovative solutions such as LCEVC and VC-6 that will be crucial for the future of video streaming and that will help reduce the impact on the environment in a more sustainable way.
For Neva SGR, the investment in V-Nova Ltd. combines three fundamental elements: investing in companies that can guarantee a very high return for our subscribers, supporting companies with a high technological and innovative content and doing so with a view to environmental sustainability.
Neva First invests in Xnext
12/5/2021 - NEVA SGR is enthusiastic to announce the investment in Xnext. We have invested in Xnext to enhance Italian technological excellence, with a unique solution in the world applied to safety and industrial quality control. We will support you in your growth plan in global markets.
CRIF invests in the Neva First Fund
10/2/2021 - We are proud to announce CRIF investment in the Neva First fund. The entry of CRIF represents a strategic added value for Neva, enriching the know-how and network of relationships to the benefit of the companies in the portfolio and all the subscribers of the fund.
We invest in entrepreneurs who aim to become protagonists of global markets.
Neva SGR, the venture capital hi-tech aims to raise € 250 million by 2021
18/1/2021 - The largest Italian fund that invests in hitech companies is born in Turin. Neva SGR is approaching the milestone of € 250 million thanks to the support of the Compagnia di San Paolo, Cariparo, Carifirenze, Carilucca foundations.