
Neva SGR
Description
Neva SGR is the dedicated venture capital arm of Intesa Sanpaolo Group, one of Italy's largest banking conglomerates. Established in 2020, Neva SGR rapidly positioned itself as a significant player in the European innovation ecosystem, leveraging its parent company's robust financial backing and extensive network. The firm's core mission is to identify and invest in highly innovative startups and small and medium-sized enterprises (SMEs) that possess the potential for market disruption and global expansion, primarily focusing on the Italian market while fostering international growth.
The firm manages substantial capital across multiple funds, demonstrating its commitment to various stages of startup development. Its flagship fund, Neva First, launched with an impressive €250 million, targeting early to growth-stage companies. Complementing this, the Neva Future fund emphasizes investments in businesses aligned with sustainability and ESG (Environmental, Social, and Governance) criteria, reflecting a forward-looking investment philosophy. Collectively, Neva SGR's total assets under management exceed €300 million, enabling them to make meaningful investments across a diverse range of sectors. These include Digital, Fintech, Medtech, Cleantech, Industry 4.0, Foodtech, and Deeptech, showcasing a broad yet strategic investment mandate.
Neva SGR's value proposition extends beyond mere capital injection. By being part of the Intesa Sanpaolo Group, portfolio companies gain unparalleled access to a vast corporate network, strategic partnerships, and potential commercial synergies. This integrated approach aims to accelerate the growth of startups by connecting them with established industry players and providing crucial operational support. The firm actively seeks to bridge the gap between innovative startups and the corporate world, facilitating market entry and expansion for its portfolio companies.
Typically, Neva SGR's first cheque sizes range from €1 million to €5 million, accommodating investments from seed to Series B stages. This flexibility allows them to support promising ventures from their nascent phases through significant growth milestones. Their strategic focus on both financial returns and societal impact, particularly through the Neva Future fund's emphasis on sustainability, underscores their commitment to fostering a resilient and innovative economy.
Investor Profile
Neva SGR has backed more than 36 startups, with 5 new investments in the last 12 months alone. The firm has led 11 rounds, about 31% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series C rounds (top funding stages).
- Majority of deals are located in Italy, United States, United Kingdom.
- Strong thematic focus on Software, Information Technology, FinTech.
- Led 1 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Series A (31%)
- Series B (19%)
- Series C (19%)
- Series Unknown (17%)
- Seed (8%)
- Series D (6%)
Country Focus
- Italy (39%)
- United States (28%)
- United Kingdom (14%)
- Israel (11%)
- Switzerland (6%)
- The Netherlands (3%)
Industry Focus
- Software
- Information Technology
- Fintech
- Finance
- Biotechnology
- Aerospace
- Financial Services
- Health Care
- Medical
- Internet Of Things
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