Neva SGR

Intesa Sanpaolo

Downloads

Get funding

Neva SGR is nurturing emerging technology startups to help them grow in European markets.

Use: Go2Market; Scale-up;
Date closing: -
Amount: 4M € - 10.0M €
Industry focus: All
Total budget: 250M €
Entity type: Venture Capital
Vertical focus: fintech, deeptech, corporate ESG transition, core technologies
Website: https://www.nevasgr.com/content/neva/en.html

Status:
Open
Funding type: Equity investment;
Geographic focus: Italy;
Public/Private: Private
Stage focus: Seed; Series A; Series B; Series C;
Applicant target: Startup;

Add a Review Send question

Overview

Neva Sgr, the venture capital arm of Italy’s largest bank Intesa Sanpaolo, has launched a new fund worth €250m to back European startups, and it is designed to further focus on Italian tech. It’s sector agnostic, but with a slight leaning towards fintech and deeptech.

The average ticket size of the Neva First Fund’s initial investments is €4m, but it will invest first cheques of up to €10m. They invest in Late Seed to Series B/C.

The firm counts on two main funds: Neva First (whose fundraising objective is EUR 250 million, invests in Italy and abroad. Its focus is worldwide, except as provided for in the regulations, with a minimum of 30% in Italian companies), and Neva First Italia (whose fundraising objective is EUR 30 million and co-invests with the Neva First Fund in Italian startups. It invests in startups with headquarters in Italy, or in a country member of the EU, UK and Switzerland and production or reserch and development activities in Italy).

Applicants willing to get in touch with Neva SGR can do it at [email protected]

Portfolio: Cool Planet Technologies, Casavo, Coro , vFunction.

Last updated on 2023-02-14 18:14