Nextalia SGR reports that it has completed the fundraising of Nextalia Ventures, a closed-end alternative fund reserved for professional investors, just six months after its launch. The fund reached its hard cap target of EUR 150 million, collecting subscriptions from an investor base composed as follows: 40% from pension funds and institutional investors; 30% from Italian banking and insurance groups; 30% from family offices and entrepreneurs (including Nextalia SGR’s commitment).
The fund’s investors also include VenturItaly II, the new fund of funds of CDP Venture Capital SGR dedicated to investments in highly innovative companies.
Nextalia Ventures’ investment strategy focuses on technology start-ups and scale-ups in the early growth and mid-growth stages, active in Italy, Europe, including the UK, and the US. The fund aims to position itself as a partner for entrepreneurs developing innovative solutions in B2B software and services, with a focus on the fintech, insurtech, edtech, agritech and healthtech sectors. Nextalia Ventures’ activities are also oriented towards investments that promote environmental sustainability, social inclusion, education and the responsible use of technology, in the belief that technological innovation can be a powerful driver of concrete and sustainable change.
The Fund is led by an investment committee chaired by Francesco Canzonieri, together with investment team co-heads Attilio Mazzilli and Sergio Zocchi, and partner Federico Lonoce. The investment team also benefits from the expertise of investment director Fiammetta Mataloni and investment analyst Federico Valla.
Francesco Canzonieri, managing director of Nextalia SGR, pictured, said in a note: ‘Achieving the hard cap target in such a short time, thanks to renewed investor confidence, confirms Nextalia’s role as a reference operator in the Italian market. Nextalia Ventures represents a fundamental milestone in our growth strategy, allowing us to contribute to the construction of the technological infrastructure, which is indispensable for the country’s economy, always with the objective of creating value for our investors. Investments in technology generate a virtuous circle, stimulating innovation and renewing the entrepreneurial fabric, and Nextalia can be the strategic partner of reference to catalyse the attention of other international investors as well.”
‘The extraordinary result of the Nextalia Ventures closing,’ add Attilio Mazzilli and Sergio Zocchi, ‘will allow us to partner with visionary entrepreneurs in key technology sectors. We are convinced that our collaborative approach and experienced team will be instrumental in accelerating the growth of the companies in which we investpromoting innovative and sustainable solutions. The Fund will operate with an international investment perspective, recognising that the technology sector is not limited to national borders, but is easily scalable globally’.
Nextalia and the investment team are supported by a select group of strategic advisors, international professionals with unique strategic, technical and commercial market knowledge of the Fund’s sectors of interest.
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