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Posted on 28/12/2020 in Biotechnology

Italy-based Venture Capital Firm Closes Fund

Investors: Phononic Vibes, WISE, FLEEP Technologies

Announcement: 28/12/20

Country: ITALY (Milan)

Company name: Eureka Venture

Website: http://www.eurekaventure.it/

Email address: [email protected]

Phone: NA

Contact: Stefano Peroncini, Chief Executive Officer

Headquarter: Milan

Funding Round: Venture Capital

Funding amount: €40m

Total funding to date: €40m

Valuation: Undisclosed 

About company: Founded in 2019, EUREKA! Venture SGR is the first independent Italian Venture Capital Asset Management Company exclusively focused on deep tech investments thanks to strong competences in scientific research, technology transfer and venture capital industry. "Eureka" comes from the Ancient Greek word heúrēka, meaning "I have found it". It is closely related to heuristic, which refers to experience-based techniques for problem-solving, learning, and discovery. For more than 2.000 years the word “Eureka” has been synonym of scientific discovery: everyone at EUREKA! Venture SGR and Eureka! Funds believe in the power of technology to make the world a better place and to improve people’s life.