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VC FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 19 SOURCES

Utopia SIS

Also known as UTOPIA Società di Investimento Semplice S.p.A., Utopia Società di Investimento Semplice per Azioni a Capitale Fisso

Bologna Società di Investimento Semplice making seed and Series A life-sciences investments in Italy; promoted by Fondazione Golinelli, Fondazione di Sardegna and AF Alternative Asset Advisor.

Not to be confused with Fondo Principia V – Utopia (Principia/Xyence Capital SGR).

HEADQUARTERS
Bologna, Italy
FOUNDED
—
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
5 people

Focus

STAGES
SeedSeries A
ASSET MIX
Venture capital
GEOGRAPHY
Italy

Overview

Utopia SIS S.p.A. is a Bologna-based Società di Investimento Semplice, a simplified venture capital vehicle with net assets capped at €50M, registered with Banca d’Italia in the SICAF register. It targets seed and Series A deals in life sciences: disease-modifying drugs, cross-border projects with artificial intelligence, medical devices, and diagnostics and biomarkers. Its promoting shareholders are Fondazione Golinelli, Fondazione di Sardegna and AF – Alternative Asset Advisor, the vehicle of its CEO Antonio Falcone. Since 2021 it has invested in six companies, including IIT spin-off Novavido, INGM spin-off T-One Therapeutics and Alzheimer’s drug developer CaSRevolution.

Investment thesis

Life sciences are under-served by venture capital in Italy compared with the main EU countries; Utopia targets innovative companies developing therapies for unmet health needs, with the science as the focal point of evaluation.

PORTFOLIO (6)

  • Novavido
    Biotech & Life Sciences · since 2021
  • Lighthouse Biotech
    Biotech & Life Sciences · since 2021
  • PerFormS
    HealthTech · since 2022
  • Biotech & Life Sciences · since 2022
  • Drug Discovery and Clinic (DDC)
    Biotech & Life Sciences · since 2022
  • Biotech & Life Sciences · since 2023

People

  • Antonio Falcone
    Chief Executive Officer (Amministratore Delegato) · source
  • Sergio Abrignani
    Scientific Venture Partner · source
  • Rodolfo Quagliuolo
    Risk Manager · source
  • Emanuele D'Erme
    Principal · source
  • Stefano Cattorini
    Chairman of the Board · source

Links

Frequently asked questions

Utopia SIS is a VC fund based in Bologna, Italy.

Yes. Utopia SIS invests its own capital in private companies.

Utopia SIS invests at Seed and Series A stages in Biotech & Life Sciences, HealthTech and Artificial Intelligence.

Key people at Utopia SIS include Antonio Falcone (Chief Executive Officer (Amministratore Delegato)), Sergio Abrignani (Scientific Venture Partner), Rodolfo Quagliuolo (Risk Manager) and Emanuele D'Erme (Principal).

Utopia SIS's investments include Novavido, Lighthouse Biotech, PerFormS, T-One Therapeutics, Drug Discovery and Clinic (DDC) and CaSRevolution.

The most recent publicly reported investment by Utopia SIS is Lighthouse Biotech, announced in Feb 2024.

Yes. Utopia SIS manages capital from outside investors.