Italian-French venture capital firm 360 Capital has raised €85 million for Poli360 2, its new technology transfer fund aimed at investing in early-stage deeptech startups. The fund, which targets a total of €100 million, will allocate roughly 80% of its capital to Italian startups, with the remainder going to ventures across Europe.
- Founded in 1997, 360 Capital manages €700 million in assets and specializes in early-stage investments in innovative deeptech and digital companies. Its portfolio includes more than 70 startups, among them Korint, Zefi.ai, Jinko, and Lasers.
- In 2024, the firm closed the first tranche of 360 Digitaly, a new early-stage fund designed to support Italian startups driving digital transformation, securing €30 million in initial funding.
- Classified as an Article 8 fund under the Sustainable Finance Disclosure Regulation (SFDR), Poli360 2 follows the model of its predecessor, Poli360 1, which backed 20 companies, including Energy Dome, Isaac, Phononic Vibes, PhotonPath, Inxpect, and Equixly.
- Poli360 2 plans to invest in 20 to 25 early-stage deeptech startups emerging from European universities and research centers. The fund will focus on companies working in industry automation and sustainability, with the majority of capital deployed in Italy.
By working side by side with universities, research centres, and founders, we aim to support the next generation of deeptech companies shaping the technological landscape of the coming decade," explains Alessandro Zaccaria, Partner at 360 Capital.
- Backers of the fund include the European Investment Fund (EIF), CDP Venture Capital SGR, and industrial partners Brembo, MBDA, and Lucchini RS.
