Fondo Italiano Tecnologia e Crescita (FITEC)

Fondo Italiano Tecnologia e Crescita (FITEC) is a prominent Italian venture capital fund dedicated to supporting high-growth, technology-driven small and medium-sized enterprises (SMEs). Established by Fondo Italiano d'Investimento SGR, FITEC focuses on minority investments in companies with significant technological content, aiming to foster innovation and expansion within Italy's dynamic tech sector. The fund's investment strategy emphasizes sectors such as IT and digitalization, industrial innovation, and technologies for energy and environmental transition. FITEC's portfolio includes notable companies like SECO, a leader in industrial computing; Unguess, a platform specializing in crowdtesting; FRIEM, a key player in the green hydrogen supply chain; Apparound, a software company in the CPQ (Configure, Price, Quote) applications segment; and Termo, a greentech company focused on energy efficiency in residential buildings. FITEC's investment approach is characterized by a commitment to supporting the growth and technological development of Italian SMEs, with a particular emphasis on companies operating in IT and digital transformation, industrial innovation, and energy and environmental transition. The fund's activities are aligned with Fondo Italiano d'Investimento's 2022-2025 Business Plan, which aims to channel €4 billion into projects that foster the growth of Italian companies. FITEC's leadership team, including Senior Partners Claudio Catania and Mauro Pretolani, brings extensive experience from previous roles at The Carlyle Group, Morgan Stanley, and Hewlett Packard. Their expertise is instrumental in identifying and nurturing high-potential investment opportunities within Italy's technology sector.

FITEC's portfolio showcases a diverse range of companies that exemplify the fund's strategic focus. SECO, for instance, has been listed on the Euronext Tech Leaders index, highlighting its prominence among Europe's leading technology companies. Unguess, as the first Italian pure player in crowdtesting, leverages a global community of testers to enhance digital product quality. FRIEM, with its expertise in high-power converters, plays a pivotal role in the green hydrogen supply chain, contributing to sustainable energy solutions. Apparound's innovative software platform streamlines sales processes, integrating seamlessly with major CRM solutions and serving clients across various sectors. Termo's full-service model for the installation and maintenance of heating and cooling systems emphasizes environmental sustainability and economic efficiency, offering transparent, turnkey services that include applicable tax incentives.

Through its strategic investments and active involvement in portfolio companies, FITEC continues to play a crucial role in advancing Italy's technological landscape, supporting the growth of innovative SMEs, and contributing to the country's economic development. The fund's dedication to integrating environmental, social, and governance (ESG) criteria into its investment activities reflects a commitment to sustainable and responsible investing, aligning with international best practices and the broader objectives of Fondo Italiano d'Investimento.