Intesa Sanpaolo, Neva invests in Caracol industrial 3D printing

Intesa Sanpaolo and Confartigianato Lazio together for the relaunch of

(Finance) – Neva SGR, the Group’s Venture Capital company Intesa Sanpaolo 100% controlled by Intesa Sanpaolo Innovation Center, has finalized through its Neva First Fund an investment in Caracol, a leading Italian company in large-scale industrial 3D printing,
by participating in an investment round in which CDP Venture Capital, Primo Space Fund and EUREKA have also joined! Venture SGR.

Caracol aims to bring its Heron AM technology to an international scale and triple the company workforce by 2024, while continuing to invest around 40% of turnover in Research and Development, to expand the range of materials processed, widen the market of potential applications produced and improve technical performance in terms of efficiency , sustainability and flexibility.

Neva SGR continues to invest in Italy and does so in a sector that has always been central to the economy of our countrythe manufacturing Industry 4.0″ – he explains Mario Costantini, CEO and General Manager of Neva SGR -. “The investment in Caracol, in its technology and in its attention to sustainability and the circular economy, goes in the direction of rewarding an Italian excellence ready to grow on international markets”.

tlb-finance