Politecnico di Milano unveiled a €60m ($70m) university venture fund this week in partnership with venture capital firm 360 Capital Partners that will invest in the institution’s spinouts.
Poli360 has attracted capital from Itatech, a $208m investment platform backed by the EU-owned European Investment Fund and Italian state-owned national promotional institution Cassa depositi e prestiti.
The fund remains open to contributions from potential business partners, though a target size has not been disclosed. Unnamed local industrial groups have committed to…
