Two venture-capital firms combined to form UNITED VENTURES, supported by a large institutional player, Fondo Italiano di Investimento acting as anchor investor. This was first ever Investment Company founded upon the entrepreneurial venture capital model already successfully established in advanced VC markets. It closed initially at €30 million, and then set a fund-raising target of €50 million.
The United Ventures team includes very high calibre professionals with a thorough grasp of the digital technology market.
Mario Mariani (founder of incubator The Net Value and former partner of Annapurna Ventures), together with Sergio Zocchi (former partner of Jupiter Ventures) both have a long history of stable, consolidated, entrepreneurial, managerial and investment experience.
UNITED VENTURES, supported by important institutional and private investors, aims to contribute to the significant witnessed in recent months in Italy’s start-up arena, by leveraging growth and innovation.
The goal: give rise to a virtuous development effect for new companies with a technology focus, as well as more traditional business, which can – and indeed must – take advantage of the creation of a new entrepreneurial framework aimed at seizing opportunities for expansion and increased competitiveness through M&A transactions.
“There is a whole generation of young Italians with entrepreneurial talent who prefer to take the opportunity to create their own jobs rather than look for one. To do so, they need to start their own companies, and this is why the system needs venture capital. UNITED VENTURES was founded with this in mind: we provide venture capital to create successful, innovative companies, and thus high-quality jobs in the digital market. This, by its own nature gives rise to companies that operate globally. In addition, innovative companies can act as a driver for the growth of Italian industry at large.”