Lazio Innova

Lazio Innova S.p.A. is not a traditional private venture capital firm but rather the in-house financial instrument of the Lazio Region in Italy. Established to foster economic development, innovation, and research within the region, it operates as a public agency. Its primary mission is to support local businesses, particularly innovative startups and small and medium-sized enterprises (SMEs), by managing and distributing regional, national, and European aid programs. This includes offering a range of financial instruments such as grants, subsidized loans, and equity investments, distinguishing it from purely profit-driven private VCs.

The agency manages several dedicated funds, with "Fondo Lazio Innova" being a prominent venture capital fund designed for equity investments in innovative companies. This fund is capable of deploying up to €1.5 million per company, typically targeting high-growth potential ventures. Another significant vehicle is "Fondo Futura," which also provides equity support, with a maximum investment cap of €1 million per company, often focusing on earlier-stage startups. Lazio Innova frequently employs a co-investment strategy, partnering with private investors to amplify the impact and leverage additional capital for the supported businesses, thereby de-risking investments and fostering broader market participation.

Lazio Innova's investment focus spans various high-tech and innovative sectors, including information technology, software development, and healthcare. According to Crunchbase, the agency has made at least 15 investments, demonstrating its active role in the regional startup ecosystem. Notable portfolio companies include Genenta Science, a biotech firm, and Nextome, specializing in indoor positioning technology. Through its diverse financial offerings and strategic co-investment approach, Lazio Innova plays a crucial role in stimulating innovation and economic growth within the Lazio region, bridging the gap between public policy and private sector development.