Compagnia di San Paolo
Also known as Fondazione Compagnia di San Paolo
Turin banking foundation; €13.1bn financial portfolio (end-2025); 6.6% of Intesa Sanpaolo; commits to Italian VC, infrastructure and impact funds via its mission-related portfolio.
- HEADQUARTERS
- Turin, Italy
- FOUNDED
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
Focus
- STAGES
- SeedSeries AGrowth
- SECTORS
- Biotech & Life SciencesSpace
- ASSET MIX
- Venture capitalPrivate equityImpactReal estateFunds (as LP)Public equities
- GEOGRAPHY
- ItalyEuropeGlobal
Overview
Fondazione Compagnia di San Paolo is a Turin foundation of banking origin that holds 6.627% of Intesa Sanpaolo. At the end of 2025 its financial portfolio was valued at €13.1bn: €8bn strategic (mainly Intesa Sanpaolo) and €5.1bn diversified, invested largely through funds of Fondaco SGR, of which it owns 38%. Its mission-related portfolio commits to venture, infrastructure and impact funds such as United Ventures II, Primo Space Fund, Claris Biotech I–II, Neva First and Neva II, Equiter Infrastructure II and Oltre III, and holds stakes in Equiter (33%), LIFTT (13.06%) and Galaxia.
PORTFOLIO (18)
- Fondo Sofinnova-Telethon (€5M commitment)Biotech & Life Sciences · since 2018
- United Ventures II (€5M commitment)Software & SaaS · since 2019
- Primo Space Fund (€5M commitment)Space · since 2020
- Eureka! Fund I – Technology Transfer (€2M commitment)Deep Tech · since 2020
- Claris Biotech I (€5M commitment)Biotech & Life Sciences · since 2020
- Claris Biotech II (€3M commitment)Biotech & Life Sciences · since 2025
- Neva First (€10M commitment)since 2020
- Neva II (€10M commitment)since 2025
- P103 (€5M commitment)since 2022
- LIFTT S.p.A. (13.06% stake)Deep Tech · since 2021
- RIF-T S.p.A. (participating financial instruments, €18M)since 2020
- Galaxia S.r.l. (3.32% stake)Space · since 2025
- Equiter Infrastructure II (€50M commitment)since 2021
- F2i Infrastrutture Sostenibili (€25M commitment)since 2021
- Fondo Oltre III (€2M commitment)since 2021
- Opes Italia SICAF (€2M commitment)since 2020
- Equiter S.p.A. (33% stake)since 2015
- Intesa Sanpaolo (6.627% stake)Fintech
People
Links
Frequently asked questions
Compagnia di San Paolo is a institutional investor based in Turin, Italy.
Yes. Compagnia di San Paolo invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Compagnia di San Paolo invests at Seed, Series A and Growth stages in Biotech & Life Sciences and Space.
Key people at Compagnia di San Paolo include Marco Gilli (President), Rosanna Ventrella Grimaldi (Vice President) and Alberto Francesco Anfossi (Secretary General).
Compagnia di San Paolo's investments include Fondo Sofinnova-Telethon (€5M commitment), United Ventures II (€5M commitment), Primo Space Fund (€5M commitment), Eureka! Fund I – Technology Transfer (€2M commitment), Claris Biotech I (€5M commitment), Claris Biotech II (€3M commitment), Neva First (€10M commitment) and Neva II (€10M commitment), among others.
No. Compagnia di San Paolo invests its own capital and does not raise money from outside investors.