Thursday, 24 September 2026 PDT | 03:52 AM
The 1 News Alt Logo Text Smart News for Global Indians

CDP Venture Capital, Scientifica debut EUR 27.5 mln SophIA hub

Startups September 24, 2026 03:01 PM
CDP Venture Capital, Scientifica debut EUR 27.5 mln SophIA hub

Italy's national innovation fund CDP Venture Capital has joined forces with Scientifica Venture Capital to launch SophIA, a new hub aimed at nurturing deeptech startups and turning scientific research into viable businesses. Backed by an initial EUR 27.5 million from CDP Venture Capital's Technology Transfer and Artificial Intelligence Fund, the initiative plans to support more than 20 ventures at proof-of-concept, pre-seed and seed stages over the next three years.