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Indaco Venture Partners

Venture capital

Milan · Seed–Series B · 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–Series B
HQ
Milan, IT
Instruments
Equity
Founded
2016
AUM
$378M
Tracked investments
69

Team · 18 people

from the firm's website & curated
Alvise Bonivento· Co-Founder, Board Member, Investment Directorin
Antonella Beltrame· Co-Founder, Board Member, Investment Directorin
Davide Turco· Co-Founder, Managing Directorin
Giovanni Rizzo· Partner Indaco BIO Fundin
Goncalo Rebelo De Andrade· Partner Indaco BIO Fund
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
Ilaria Ceccovecchi· Team Assistantin
Leo Lucio Screnci· Finance & Administration Assistantin
Raffaella Basile· Team Assistantin
Raffaella Salutari· Chief Financial Officerin

What they invest in

from 17 of 69 portfolio companies

Healthtech ×8Deep Tech ×7Biotech ×5Medical Devices ×5Hardware ×4AI & Machine Learning ×3Data & Infrastructure ×2Digital Health ×2

HQs:Italy×6Czechia×1United Kingdom×1United States×1

Investments · 69 tracked

founders shown can be your intro path
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)

Co-investorsCDP Venture CapitalSofinnova PartnersXGEN Venture

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 VenturesRobert Bosch Venture CapitalSony Ventures CorporationCDP Venture CapitalJoin Capital

Admantx
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

Ascatron
Axon I Fondo
Bendit
Biouniversa
Biovelocitabiovelocita.com

Co-investorsCDP Venture CapitalSofinnova Partners

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)Alessia Zanelli(President & CEO)Andrea Faenza(Chief Technology Officer)

Co-investorsItalian Angels for GrowthLIFTT

Cocontest
Codasipcodasip.comin𝕏

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

CybersecurityDeveloper ToolsHardwareSemiconductorsBrno, CZ

Karel MasaříkKarel Masarik(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 VenturesSquareOneVentech

Cogisen
Connect Ventures
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

Co-investorsFive Seasons VenturesP101 VenturesPrimo Ventures

Cryptolab
Cysec
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 & CEO)in

Co-investorsBanca Investis — Family OfficeCDP Venture CapitalElysia CapitalIceNineIn-Q-TelLevante Capital+10 more

Digital Magics
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

Easyraineasyrain.it

Co-investorsLIFTT

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)Shlomo Shpun(Chief Scientific Officer and Executive Chairman)

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 AI
Farmaè
Fluidotecnica Sanseverino
Freya Biosciencesfreyabiosciences.com

Freya Biosciences is a clinical-stage immunology company developing therapies targeting inflammation and immune dysregulation in conditions affecting women, including infertility and pregnancy-related dysbiosis.

BiotechFemTechHealthtech

Co-investorsAngelini VenturesOMX VenturesSofinnova Partners

Giglio
GP Bullhoundgpbullhound.com

Technology advisory and investment firm

Co-investorsPente Capital

H-Farmh-farm.com
Hoba Therapeutics

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

Co-investorsEIR Ventures

IAMA Therapeuticsiamatherapeutics.com

Co-investorsCDP Venture CapitalClaris Ventures

ICoolHunt
Igea
InnovHeartinnovheart.com

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 Capital

Lumyer
M31 Italia
Mainstreamingmainstreaming.tvin𝕏

MainStreaming provides managed infrastructure and an edge delivery network for live and on-demand video streaming, with tools for secure, high-quality content delivery at scale.

Cloud ComputingData & InfrastructureMedia & Entertainment

Co-investorsSony Ventures CorporationUnited Ventures

Micthera
Mosaicoon
Newcleonewcleo.com

Co-investorsElysia CapitalLIFTTMACANNovaCapitalPi Campus

Newlisi
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

Co-investorsInnogest CapitalWille Finance

Personal Factory
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 IndustriesSofinnova Partners

Pilegrowth
Responsa
Sellf
Sibylla
Silicon Biosystems
Sofimac Investment Management
Spinvector
Startup Compass
Sweet Guestsweetguest.com

Co-investorsCDP Venture Capital

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 Solutions
Terra Venture Partners
Tes Pharmatespharma.com

Co-investorsXGEN Venture

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Indaco Venture Partners made?
Indaco Venture Partners has 69 tracked investments, including 1 dated in the last 24 months.
What stage does Indaco Venture Partners invest at?
Indaco Venture Partners invests at the Seed, Series A, Series B stages.
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 39 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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