/Investor DB

Indaco Venture Partners

Venture capital

Milan · Seed · 18 people tracked

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Investment thesis

Indaco Venture Partners SGR is an Italian venture capital asset manager founded in 2016 that invests in electronics, robotics, materials science, medical devices, biotechnology, pharmaceuticals, and digital technologies. The firm operates as an independent venture capital manager in Italy.

Source: firm website, verified Aug 6, 2026.

Stage
Seed
HQ
Milan, IT
Instruments
Equity
Founded
2016
AUM
$378M
Tracked investments
70
Unicorns
1
IPOs
1
Acquisitions
9

Team · 18 people

from the firm's website & curated
Davide Turco· Co-Founder, Managing Directorin
Carlo Sanfilippo· Senior Investment Manager
Cosimo Calcagno· Senior Investment Managerin
Domenico Laudonia· Venture Partner
Simone Zanolo· Venture Partner
Christian Saraullo· Investment Analyst
Fabio Bianchi· Head of Legal & HR
Leo Lucio Screnci· Finance & Administration Assistantin
Raffaella Basile· Team Assistantin
Raffaella Salutari· Chief Financial Officerin

Founder mafia

2 people who came through Indaco Venture Partners went on to found or lead other companies.

What they invest in

from 32 of 70 portfolio companies

Deep Tech ×12Healthtech ×10Biotech ×8AI & Machine Learning ×7Hardware ×7Medical Devices ×7Cleantech ×3Data & Infrastructure ×3

HQs:Italy×11United Kingdom×4Israel×2Czechia×1United States×1

Who they back

founder profiles across 15 portfolio companies
53%
solo founders
8 of 15 mapped founding teams
42%
repeat founders
of 12 founders with career history

Founding team size:solo founder×82 founders×33 founders×14+ founders×3

Where their founders studiedfrom 10 founders with education data

Santa Clara University Leavey School of Business ×3

What their founders studiedfrom 12 founders with field-of-study data

Business & Management ×4Engineering ×4Computer Science ×2

Where their founders worked beforefrom 12 founders with career history

NASA Ames Research Center ×2Politecnico di Milano ×2

Investments · 70 tracked

founders shown can be your intro path

By year:2024 · 12023 · 22022 · 25 dated

Wisewise.comin𝕏NASDAQ: WSE

Wise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.

FintechLondon, GB

Kristo Käärmann(Founder)inTaavet Hinrikus(Founder)in

Co-investorsAdventure FundAndreessen HorowitzCDP Venture CapitalFelicis VenturesFirestartrGlynn Capital Management+27 more

Genespiregenespire.com✓ verified

Genespire is a life sciences company backed by multiple venture capital investors including Sofinnova Partners, XGEN Venture, CDP Venture Capital, and Indaco Venture Partners.

BiotechDeep TechDigital HealthHealthtech

Dr. Lucia Faccio(Chief Executive Officer)inDr. Julianne Smith(Chief Development Officer)Dr. Simon Hawkins(VP Clinical Development)Dr. Smaragda Angelidou(Responsabile CMC)Dr. Mary Wang(Patient Engagement Director)Emanuela Balzo(VP of Finance)in

Co-investorsCDP Venture CapitalSofinnova PartnersXGEN Venture

Mainstreamingmainstreaming.tvin𝕏✓ verified

Origin Shield is a content delivery optimization service that protects origin servers from overload during live and on-demand video streaming, with variants offering caching storage to reduce egress costs and latency across multi-CDN and multi-region deployments.

Cloud ComputingData & InfrastructureMedia & Entertainment

Antonio G. Corrado(Founder, Executive Chairman & CEO)inGiovanni Proscia(Co-founder, Chief Architect Officer)inPhilippe Tripodi(Co-founder, Chief Technology Officer)

Co-investorsSony Ventures CorporationUnited Ventures

2D Photonics2dphotonics.com

2D Photonics develops graphene-integrated photonics technology for optical transceivers and interconnects used in data-intensive applications such as generative AI workloads.

Deep TechSemiconductors

Co-investorsBosch VenturesSony Ventures CorporationCDP Venture CapitalJoin Capital

Alia Therapeuticsaliatherapeutics.com

Alia Therapeutics is a biotech company developing therapeutics based on gene-editing technology.

BiotechDeep TechHealthtech

Co-investorsSofinnova Partners

Almawavealmawave.comin

Almawave develops artificial intelligence and natural language processing technology, including a multilingual, multimodal large language model family and a cognitive platform for AI adoption.

AI & Machine LearningData & InfrastructureDeep TechEnterprise Software

Valeria Sandeiin

Benditbendittech.com

Bendit Technologies develops steerable microcatheters with 3D controlled torque and 180° distal tip deflection for neurovascular and endovascular procedures, allowing clinicians to navigate tortuous vasculature and deliver treatment without a guidewire.

HardwareHealthtechMedical DevicesPetach Tikva, IL

Co-investorsItalian Angels for GrowthMEDA Angels

CellPlycellply.comin𝕏

Cellply develops VivaCyte, an automated platform that combines microfluidic consumables, an instrument, and image-analysis software to characterize cell therapies at single-cell resolution.

AI & Machine LearningBiotechDeep TechHardwareMedical DevicesBologna, IT

Massimo Bocchi(Co-Founder & Chief Operating Officer)inAlessia Zanelli(President & CEO)inAndrea Faenza(Chief Technology Officer)in

Co-investorsItalian Angels for GrowthLIFTT

Codasipcodasip.comin𝕏

Codasip develops RISC-V processor IP and processor design tools for chip and embedded systems designers.

CybersecurityDeveloper ToolsHardwareSemiconductorsBrno, CZ

Karel Masařík(Founder)inRon Black(Chief Executive Officer)inZdeněk Přikryl(Chief Technology Officer)inVladimír Koutný(Chief Financial Officer)inKateřina Smrčková(Chief People Officer)in

Co-investorsCredo VenturesMatterwave VenturesOctopus VenturesSquareOneVentechWestern Digital Capital+2 more

Connect Venturesconnectventures.coin

Dessn offers a design-to-code tool that connects to a product's repository and uses AI to extract design components and generate a cloud-hosted design environment built around the codebase.

AdTechAI & Machine LearningData & InfrastructureDeveloper ToolsMarketing TechSaaSSector AgnosticLondon, GB

Marcus Persson(Co-founder)inNils Nygren Liljenstrand(Co-founder & CPO)inGabriella Hachem(Co-founder)Nim(Co-founder)Pietro Bezza(Managing Partner, co-founder of Connect)in

Co-investorsBetaworksFJ LabsN49PVentures TogetherBallou CapitalConnect Ventures+1 more

Cortiliacortilia.itin

Cortilia is an online grocery marketplace that delivers locally sourced products — fruit, pantry items, and personal care goods — from around 400 producers directly to consumers' homes.

E-commerceFoodTechMarketplaces

Marco Porcaro(Founder)

Co-investorsFive Seasons VenturesP101 VenturesPrimo VenturesBooX

D-Orbitdorbit.spacein𝕏Sep 2024 · $110M

D-Orbit provides space logistics infrastructure and transportation services including satellite launch deployment, on-orbit servicing, refueling, and end-of-mission disposal using its proprietary ION Satellite Carrier orbital transfer vehicle.

Deep TechLogistics & Supply ChainSpace TechItaly, IT

Luca Rossettini(Founder)inRenato Panesi(Founder)inGiuseppe Tussiwand(Founder)Luca Rossettini Renato Panesi(Founder)Thomas Panozzo(Founder)

Co-investorsAstor PerkinsBanca Investis — Family OfficeCDP Venture CapitalElysia CapitalIceNineIn-Q-Tel+13 more

Directa Plusdirecta-plus.comin

Directa Plus produces pristine graphene nanoplatelets using a patented, chemical-free process and supplies its G+ Graphene Plus materials to industrial partners across sectors such as textiles, environmental applications, composites, elastomers and tires, batteries, and paints.

Advanced ManufacturingCleantechClimate TechNew MaterialsLondon, GB

Bob Mercuri(Founder)in

Co-investorsSeneca Partners

Easy Raineasyrain.it

Easyrain develops a modular ecosystem of software, hardware, and cloud technologies for ADAS and autonomous driving systems, helping vehicles stay aware and safe across varying road and weather conditions such as aquaplaning and grip loss.

Deep TechHardwareMobility & Transportation

Co-investorsLIFTTMI.TO TechnologyProgress Tech Transfer

Electrophysiology Frontiersep-frontiers.comin𝕏

ElectroPhysiology Frontiers is a MedTech company that develops a "single-shot" catheter ablation system for pulmonary vein isolation, aimed at creating more durable ablation lesions and reducing recurrence of atrial fibrillation (AFib).

HardwareHealthtechMedical Devices

Marwan Abboud(Chief Executive Officer)inShlomo Shpun(Chief Scientific Officer and Executive Chairman)in

Entheraentherapharmaceuticals.comin

Enthera Srl is a privately held pharmaceutical company founded in 2016 and based in Milan, Italy.

BiotechHealthtechMilan, IT

Co-investorsSofinnova PartnersRoche Venture FundAbbVieJDRF T1D Fund

Expert AIexpert.ai

Expert.ai provides enterprise AI solutions built on a hybrid approach that combines neuro-symbolic AI, knowledge graphs, machine and deep learning, and large language models for business data management.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsEndiya PartnersView DifferentAltos VenturesBoxGroupY Combinator

Freya Biosciencesfreyabiosciences.comin

Freya Biosciences develops innovative therapies targeting immune-mediated diseases that affect women.

BiotechFemTechHealthtech

Colleen Acosta, PhD(CEO, Co-Founder)Johan van Hylckama Vlieg, PhD(CSO, Co-Founder)

Co-investorsAngelini VenturesOMX VenturesSofinnova PartnersBill & Melinda Gates Foundation

Gigliogiglio.com

Giglio.com is an Italian online luxury fashion retailer founded from a Palermo boutique, selling designer brands like Gucci and Valentino worldwide.

Co-investorsKhosla Ventures

GP Bullhoundgpbullhound.com

GP Bullhound is a technology investment bank providing M&A advisory and capital raising services for technology innovators, alongside direct investment in early-stage technology companies.

AI & Machine LearningEnterprise SoftwareFintech

Manish Madhvani(Founder)in

Co-investorsPente Capital

Hoba Therapeutics ApShobatherapeutics.comDec 2023

Danish biotech developing non-opioid restorative treatments for chronic pain, hearing loss and sensory neuron disorders.

Co-investorsEIR VenturesMedical Incubator Japan K.K.Novo Holdings

IAMA Therapeuticsiamatherapeutics.com

IAMA Therapeutics develops small-molecule drugs for autism, epilepsies, and other central nervous system disorders, focusing on inhibiting cation-chloride cotransporters to correct atypical brain activity.

BiotechDeep Tech

Co-investorsCDP Venture CapitalClaris Ventures

Igeaigeamedical.com

Igea Medical develops and manufactures medical devices that use reversible electroporation to treat tumors (electrochemotherapy) and vascular malformations (electrosclerotherapy).

BiotechHealthtechMedical Devices

InnovHeartinnovheart.comJan 2022 · $55M

InnovHeart develops the Saturn Transcatheter Mitral Valve Replacement (TMVR) system, a trans-septal mitral valve bioprosthesis used in interventional cardiology to treat mitral valve disease.

HealthtechMedical Devices

David James Wilson(Chief Executive Officer)

Co-investorsCDP Venture CapitalPanakes Partners

M31 Italiam31.com

M31 is a product and service development partner that designs and engineers custom hardware and software across sectors including biomedical devices, security and monitoring systems, industrial applications, home/building automation and smart cities, cloud and digital twins, and automotive/racing.

Deep TechHardwareIoT

Newcleonewcleo.com

Elisabeth Rizzotti(Founder)Luciano Cinotti(Founder)Stefano Buono(Founder)in

Co-investorsElysia CapitalLIFTTMACANMI.TO TechnologyNovaCapitalPi Campus

Newlisinewlisi.com

NewLisi offers a technology for reducing sewage sludge from wastewater treatment plants while recovering renewable energy, targeting operators of existing depuration facilities.

Circular EconomyCleantechEnergy

Co-investors360 Capital

Newronikanewronika.comin

Newronika is a spin-off of Italian research institutions Fondazione IRCCS Ca' Granda Ospedale Maggiore Policlinico and the University of Milan that develops adaptive deep brain stimulation (αDBS) technology which responds to brain activity in real time.

AI & Machine LearningDeep TechDigital HealthHealthtechMedical Devices

Lorenzo Rossi(Founder)in

Co-investorsInnogest CapitalWille Finance

Nouscomnouscom.comNov 2023

Immunotherapy company developing NOUS-209 for the prevention of Lynch syndrome-associated cancers.

Co-investors5AM VenturesAndera PartnersAngelini VenturesCDP Venture CapitalM VenturesRevelation Partners+6 more

Personal Factorypersonalfactory.eu

Personal Factory supplies patented dry-mix technology and chemical compounds together with an integrated platform to distributors and local builders, enabling them to produce construction materials such as adhesives and coatings on-site and on demand.

Advanced ManufacturingConstruction TechNew Materials

Pi Cardiapi-cardia.netin𝕏

Pi-Cardia develops non-implant-based, catheter-delivered devices for treating structural heart disease, including its ShortCut product for leaflet modification.

HardwareHealthtechMedical Devices

Erez Golan(Founder)in

Co-investorsAccelmed PartnersClal Biotechnology IndustriesKreos CapitalSofinnova PartnersInnogest Capital

Pilegrowthpilegrowth.com

Pilegrowth Tech is an Italian semiconductor deep-tech spin-off from University of Milano-Bicocca that develops substrate engineering technology for integrating different semiconductor materials onto silicon using pillar-shaped patterning.

Sibyllasibyllabiotech.itin𝕏Oct 2022

Sibylla Biotech develops PPI-FIT, a drug discovery technology that uses quantum physics and mathematical modeling to characterize protein folding pathways at atomic resolution.

AI & Machine LearningBiotechDeep TechTrento, IT

Emiliano Biasini(Co-founder)inPietro Faccioli(Co-founder)inGiovanni Spagnolli(Co-founder, CTO)inMaria Letizia Barreca(Co-founder)inGraziano Lolli(Co-founder)

Co-investors3B Future Health FundCDP Venture CapitalSeroba Life SciencesV-Bio VenturesVertis SGRVI Partners+1 more

Talent Gardentalentgarden.comin𝕏

Talent Garden offers digital skills education—masters and courses in areas such as marketing, design, HR, and AI—alongside coworking campuses, events, and a professional network across Europe.

EdTechFuture of WorkHR Tech

Davide Dattoli Zhang(Founder)in

Co-investorsCDP Venture CapitalTIP

Tecma Solutionstecmasolutions.com

TECMA is a digital platform for the real estate sector that produces software, hardware, digital architecture, and marketing content to help developers and asset managers sell and rent residential and commercial properties.

Cloud ComputingPropTechSaaS

Terra Venture Partnersterravp.com

Terra Venture Partners is an early-stage venture capital firm that has invested since 2008 in technology startups focused on efficiency and sustainability, smart cities, healthcare and wellness, and IoT and big data.

CleantechClimate TechDeep TechJerusalem, IL

Astorre(Managing Partner & Co-founder)Harold(Managing Partner & Founding Partner)

Tethistethis.com

Raleigh, US

Scott Bolin(Executive Officer, Director)Christopher Evans(Executive Officer, Director)

BoardTom Darden(Director)Kenneth Bowdon(Director)

Co-investorsWolfpack Investor NetworkBlue Hill Group TethisHatteras Venture Partners

Wish Listwishlist.it

Wishlist offers digital and physical gift boxes ("cofanetti") that let the recipient choose their own present from a curated selection of products, services and experiences.

ConsumerE-commerceMarketplaces

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AdmantxAscatronAxon I FondoBiouniversaBiovelocitaCocontestCogisenCryptolabCysecDigital MagicsFarmaèFluidotecnica SanseverinoH-FARMICoolHuntLumyerMictheraMosaicoonResponsaSellfSilicon BiosystemsSofimac Investment ManagementSpinvectorStartup CompassSweet GuestTes PharmaThe Data Appeal CompanyTimbuktu LabsUltraSoCValo TherapeuticsVertis VentureYogitech

Exits · 10

1 IPOs · 9 acquisitions

WiseNASDAQ: WSEAdmantxacq. by Integral Ad ScienceAscatronacq. by II-VI IncorporatedDigital Magicsacq. by LVenture Group (merged entity renamed Zest)Responsaacq. by Gruppo Euris (Euris Group)Sellfacq. by ForceManagerSilicon Biosystemsacq. by Menarini GroupSpinvectoracq. by LinUp (Gruppo Mare)The Data Appeal Companyacq. by AlmawaveYogitechacq. by Intel

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Indaco Venture Partners made?
Indaco Venture Partners has 70 tracked investments, 10 of which have exited.
What stage does Indaco Venture Partners invest at?
Indaco Venture Partners invests at the Seed stage.
What sectors does Indaco Venture Partners focus on?
Indaco Venture Partners focuses on Biotech, Consumer, Enterprise Software, Hardware, Medical Devices, New Materials, Robotics.
Where is Indaco Venture Partners located?
Indaco Venture Partners is headquartered in Milan, IT.
Who does Indaco Venture Partners co-invest with?
Indaco Venture Partners most often shares deals with CDP Venture Capital, Sofinnova Partners, LIFTT, among 56 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Intervista a Giovanni Rizzo (Indaco Venture Partners) - Seed4Innovation 2022

UNIMI Innova · Giovanni Rizzo

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