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Government-backed FundAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 18 SOURCES

Fondazione Tech e Biomedical

Private-law foundation supervised by MIMIT and the Ministry of Health, investing two funds on behalf of Ministero delle Imprese e del Made in Italy

Also known as Fondazione ENEA Tech e Biomedical, ENEA Tech e Biomedical, ETB, FTB

Rome state-funded foundation (ex ENEA Tech e Biomedical) investing MIMIT’s Technology Transfer Fund and Biomedical Industrial R&D Fund in Italian startups, spin-offs and SMEs, mainly life sciences.

HEADQUARTERS
Rome, Italy
FOUNDED
—
AUM
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
4 people

FOCUS

STAGES
SeedSeries ASeries BGrowth
SECTORS
Biotech & Life SciencesHealthTechDeep TechArtificial IntelligenceFood & AgricultureClimate & Energy
ASSET MIX
Direct investmentsVenture capital
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

Fondazione Tech e Biomedical is a private-law foundation supervised by the Ministry of Enterprises and Made in Italy (MIMIT) and the Ministry of Health, renamed from Fondazione ENEA Tech e Biomedical. It invests, as implementing body, the resources of two funds it manages for MIMIT: the Fondo per il Trasferimento Tecnologico (startups and innovative SMEs in IT, green and circular economy, agritech and deep tech) and the Fondo per la ricerca e lo sviluppo industriale biomedico (drugs, vaccines, diagnostics and medical devices). It invests alone or alongside companies, institutional and private funds and public bodies, and also funds innovation hubs and R&D calls. Its board is appointed by decree of the Prime Minister’s Office on ministerial designation.

INVESTMENT THESIS

Equity investments in Italian startups, university spin-offs and SMEs that turn research into products, with a focus on oncology, neuroscience, cardiovascular disease, advanced diagnostics and medical devices, plus deep-tech, IT, green-economy and agritech technology transfer.

PORTFOLIO (20)

TEAM

  • Cinzia Marchese
    President · source
  • Matteo Bassetti
    Board member (Consiglio Direttivo) · source
  • Francesca Raimondi
    Board member (Consiglio Direttivo) · source
  • Stefano Massari
    Board member (Consiglio Direttivo) · source

LINKS

FAQ

Fondazione Tech e Biomedical is a government-backed fund based in Rome, Italy.

Yes. Fondazione Tech e Biomedical invests directly in private companies.

Fondazione Tech e Biomedical invests at Seed, Series A, Series B and Growth stages in Biotech & Life Sciences, HealthTech, Deep Tech, Artificial Intelligence, Food & Agriculture and Climate & Energy.

Key people at Fondazione Tech e Biomedical include Cinzia Marchese (President), Matteo Bassetti (Board member (Consiglio Direttivo)), Francesca Raimondi (Board member (Consiglio Direttivo)) and Stefano Massari (Board member (Consiglio Direttivo)).

Fondazione Tech e Biomedical's investments include Tethis, Oversonic Robotics, WISE, Newronika, Health Triage, InnovHeart, Valo Therapeutics and Approxima, among others.

The most recent publicly reported investment by Fondazione Tech e Biomedical is Oversonic Robotics (€7M equity investment), announced in Jun 2026.

No. Fondazione Tech e Biomedical invests its own capital and does not raise money from outside investors.