Finpiemonte
Regional financial company 99.913% owned by Regione Piemonte
Also known as Finpiemonte S.p.A.
Turin financial company of Regione Piemonte (99.9%); manages regional incentives and commits its own capital to funds: AlpGIP, PiemonteNext (CDP VC), Finint’s turnaround fund and Basket Bond Piemonte.
- HEADQUARTERS
- Turin, Italy
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 4 people
FOCUS
- STAGES
- SeedSeries ASeries BGrowth
- SECTORS
- Deep TechBiotech & Life SciencesSpaceClimate & EnergySoftware & SaaSIndustrial & Manufacturing
- ASSET MIX
- Funds (as LP)Venture capitalPrivate credit
- GEOGRAPHY
- Italy
WHAT IT IS
Government-backed Fund. Public money — a state or EU-backed vehicle investing on behalf of taxpayers, often with policy goals.
ABOUT
Finpiemonte S.p.A. is the in-house financial company of Regione Piemonte, which owns 99.913% of its capital. It mainly manages regional and EU incentive schemes, and also invests resources from its own balance sheet to leverage private capital. Its fund commitments include €10M in the EIF-managed AlpGIP fund of funds, €10M as corner investor in Comparto Due of Fondo PiemonteNext managed by CDP Venture Capital (February 2023), €11M in the Fondo rilancio e sviluppo run with Finint, and €7.5M as anchor investor in the Basket Bond Piemonte minibond fund of Sinloc Investimenti SGR (2026).
PORTFOLIO (4)
- AlpGIP – Alpine Growth Investment Platform (EIF fund of funds; €10M commitment)Biotech & Life Sciences
- Fondo PiemonteNext – Comparto Due (CDP Venture Capital SGR; €10M, 2023)Deep Tech · since 2023
- Fondo rilancio e sviluppo / Finint Special Credit Opportunity Fund (€11M from own capital)Industrial & Manufacturing · since 2023
- Basket Bond Piemonte (Sinloc Investimenti SGR; €7.5M anchor commitment)Industrial & Manufacturing · since 2026
TEAM
LINKS
FAQ
Finpiemonte is a government-backed fund based in Turin, Italy.
Finpiemonte does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.
Finpiemonte invests at Seed, Series A, Series B and Growth stages in Deep Tech, Biotech & Life Sciences, Space, Climate & Energy, Software & SaaS and Industrial & Manufacturing.
Key people at Finpiemonte include Michele Vietti (Chairman), Mario Nicola Francesco Alparone (General Manager), Luciana Restuccia (Board member) and Gianfranco Imerito (Board member).
Finpiemonte's investments include AlpGIP – Alpine Growth Investment Platform (EIF fund of funds; €10M commitment), Fondo PiemonteNext – Comparto Due (CDP Venture Capital SGR; €10M, 2023), Fondo rilancio e sviluppo / Finint Special Credit Opportunity Fund (€11M from own capital) and Basket Bond Piemonte (Sinloc Investimenti SGR; €7.5M anchor commitment).
No. Finpiemonte invests its own capital and does not raise money from outside investors.