Eureka! Venture

Eureka! Fund I relies on strong connections with the research world to generate startups with sound IP portfolios. The firm's team brings decades of experience in technology transfer, enabling them to identify spin-offs and early-stage companies emerging from Italian and European research institutions. The website emphasizes a direct pipeline from scientific labs to the entrepreneurial ecosystem.

It operates as a multi-fund asset manager with three distinct vehicles. Eureka! Fund I is a venture fund for early-stage deep tech and technology transfer. The BlackSheep Fund is a late-stage MadTech vehicle focused on AI-driven marketing transformation. ETA Fund invests in search funds, backing entrepreneurs who acquire and operate existing small businesses.

Eureka! Fund I concentrates on energy, health & well-being, mobility, environment, and AI/big data. The portfolio includes companies working on advanced materials like BeDimensional, perovskite solar cells via Planckian, solid-state batteries through I-TES, and large-format 3D printing at Caracol, confirming its focus on hard science-based technologies.

No. While Eureka! Fund I covers early-stage, seed, start-up, spin-offs, and divestiture opportunities, the BlackSheep Fund is explicitly a late-stage venture capital fund with an entrepreneurial background investing in European tech companies within the MadTech sector. ETA Fund operates across the small private equity space through search funds.

The firm publicly states its commitment to investing according to environmental, society, and governance (ESG) principles and aligning its portfolio companies with the Sustainable Development Goals from the UN 2030 Agenda. This is a stated filter applied across its deep tech investments rather than a separate impact fund.