EIB and Liftt launch 100 million initiative to promote growth of Italian innovative companies

Brussels–The European Investment Bank (EIB) and Italian venture capital firm Liftt are joining forces in a €100 million initiative to promote equity investments in highly innovative companies. The agreement, announced today in Rome by EIB Vice-President Gelsomina Vigliotti and Liftt President Stefano Buono, envisages the creation of a co-investment structure in which the two parties will invest €50 million each.

The new SpA, called Liftt EuroInvest, will carry out 20-30 co-investment transactions in startups, small and medium-sized enterprises, and mid-caps that are predominantly Italian and active in key sectors such as life sciences, cybersecurity, deeptech, and cleantech. In addition to promoting technological innovation, co-investments aim to support sustainable economic growth by reducing the environmental footprint of beneficiary companies.

“This partnership represents an important step in catching up with the technological backwardness in Europe,” commented Gelsomina Vigliotti. “The importance of this agreement went beyond just financial investment; it is a concrete commitment to promote innovation, create high-skilled jobs in key sectors, and drive progress and competitiveness in Europe,” she added.