CDP Equity
Companies

CDP Venture Capital Sgr

  • icona_fondi Funds managed 9
  • icona_patrimonio Assets managed € 1.4 bln
  • CDP Equity Commitment CDP Equity € 650 mln
  • CDP Equity Shareholding 70%
CDP Equity

Overview of the AMC

In 2019, CDP Equity acquired 70% of the National Innovation Fund, renaming it CDP Venture Capital SGR. Its mission is to accelerate the growth of the Italian venture capital ecosystem and bring it, in terms of capital invested and the size and quality of the operators, to the levels of the best European countries.

Objectives​

The aim of CDP Venture Capital SGR is to manage the existing funds and launch new ones in support of start-ups in all life cycle stages and simultaneously work on structural initiatives aimed at: developing the ‘community’ by creating a physical digital interconnected platform, promoting events and establishing VC offices in Italy; evolving ‘the system’ by working in synergy with national players/institutions and by developing bilateral agreements with foreign countries; and growing ‘the market’ by attracting new investors in Italy.

Funds Managed

  • CDP Equity's commitment: 0
  • Total Commitment:  80 mln
  • Status: Collection completed / In investment phase
  • Investments in portfolio: 25 companies

Direct investment in start-ups and innovative SMEs with a high development potential. The fund is not subscribed by CDP Group.​

  • CDP Equity's Commitment: 0
  • Total Commitment: € 150 mln
  • Status: Collection completed / In investment phase
  • Investments in portfolio: 48 start-ups

Investments in start-ups and innovative SMEs whose registered office and production activity is in the south of Italy. The fund is not subscribed by CDP Group.

  • CDP Equity's commitment: € 215 mln
  • Total Commitment: € 200 mln / Target: € 400 mln
  • Status: In collection / In investment phase​
  • Investments in portfolio: 3 Investments, 12 start-ups indirectly held

Investment funds operating in VC in Italy to support start-ups in all phases of the funding cycle and encourage the emergence of new specialist funds.

  • CDP Equity's commitment:  75 mln
  • Total Commitment: € 75 mln / Target: € 100 mln
  • Status: In collection / In investment phase​
  • Investments in portfolio: 40 start-ups

Investments in vertical accelerators, in partnership with major Italian and international players, to support start-ups in the seed and post-seed stage.

  • CDP Equity's commitment:  50 mln
  • Total Commitment: € 50 mln / Target: € 75 mln 
  • Status: In collection / In investment phase​
  • Investments in portfolio: 1 start-up

Investments in vertical accelerators, in partnership with major Italian and international players, to support start-ups in the seed and post-seed stage.

  • CDP Equity's commitment: € 225 mln
  • Total Commitment: € 225 mln / Target: € 290 mln 
  • Status: In collection / In investment phase​
  • Investments in portfolio:

Direct and indirect investments in order to accelerate the founding and development of deep tech start-ups and investment funds specialising in the technology transfer.

  • CDP Equity's commitment: € 100 mln
  • Commitment Complessivo: € 100 mln / Target: € 150 mln
  • Stato: In fase di investimento
  • Investimenti in portafoglio: 2

The Fund makes direct investments in Series A-B Rounds in the best innovative startups and SMEs led by talented and ambitious entrepreneurs.

  • CDP Equity's commitment: 0
  • Total commitment: € 200 mln (from Ministry of Economic Development)

The Fund co-invests in innovative SMEs or startups along with regulated and/or qualified investors, that: 1. have been admitted to Smart & Start subisides; 2. have experienced a decline in 2020's revenues of at least 30% compared to one of the two halves of 2019.