Eureka! News #19
Hi everyone from the Eureka! team!
These past few months was full of growth, innovation and connections across the deeptech ecosystem. We also launched a new fund investing in entrepreneurship. Here’s a quick look at what we’ve been up to.
PORTFOLIO COMPANIES
RE4REAL
We are here to celebrate Re4Real for being named a Deep Tech Pioneer by Hello Tomorrow out of thousands of global applicants!
Their breakthrough in chemical recycling is reshaping how they tackle plastic waste in packaging and textiles, a solution the planet urgently needs. This recognition highlights Re4Real’s leadership in sustainable innovation and their showcase at Hello Tomorrow Global Summit 2025 - one of the world’s leading gatherings for science-based ventures.
CARACOL AM
Caracol AM, a deeptech pioneer in robotic manufacturing, contributed to a Guinnes World Record for the largest 3D printed architectural structure by volume, realized in Dubai by Proto21.
This record setting installation is more than a feat of engineering, it’s a powerful example of how design, technology, and sustainability can converge to reshape the future of construction.
Read the full case study and explore how Heron Am is innovating the future of architecture.
Congrats to Caracol team and Proto21 for pushing the boundaries of Large Format Additive Manufacturing in the Gulf region and beyond.
INTA SYSTEMS
INTA Systems received the American Innovation Award from Fondazione Italia USA at the Chamber of Deputies in Rome, recognizing its global vision and innovation in health tech.
This recognition honors the most competitive and globally minded Italian startups and underlines INTA’s commitment to innovation, health, and international cooperation.
NOVAC
Deep tech spin-off Novac has closed a €3.5M seed round led by Eureka! Venture SGR, CDP Venture Capital SGR and Galaxia. The funding will accelerate the development of a pilot line in 2025 for their next-gen supercapacitors pushing the frontier of sustainable, high-performance energy storage in mobility industry.
ACTIVE LABEL
We are really to proud highlight Active Label, a portfolio company revolutionizing temperature sensitive logistics with its patented, electronic-free smart labels.
Recently featured by the Italian Trade Agency - Canada, Active label is a shining example of how deeptech innovation developed by researchers at University of Cagliari can improve safety, sustainability and efficiency in global logistics.
We applaud the team for bringing cutting-edge research to real world impact.
NEW IDEAS
ETA Fund I - Entrepreneurship Through Acquisition
On May 6th, 2025 we launched ETA Fund I, the first institutional fund investing in Search Fund in Italy, in collaboration with POLIMI Graduate School of Management.
The event marked the startup of a full Italian Search Fund ecosystem, with the launch of the first Osservatorio on Search Funds in Italy, the introduction of dedicated MBA and executive courses on Entrepreneurship Through Acquisition and a fund specifically designed to connect institutional capital with emerging entrepreneurial talent. Thanks to Paolo Guida, who joins our team as Key-Partner of the Fund.
As our CEO stated, ''ETAFund shows that Italy is ready to promote high impact institutional investment vehicles backed by local anchor investors and focused on long-term entrepreneurial regeneration.'' - Stefano Peroncini
DOMYN
We are thrilled to share that Domyn, a company formerly known as IGenius backed by BlackSheep Fund, has signed a landmark agreement with G42, the leading AI and cloud computing group from AUE, to create Colosseum - the largest AI compute cluster in Europe, to be built in Italy.
Announced at the Investopia Europe summit in Milan, with strong institutional backing and growing regional support particularly from Puglia, where the cluster may be hosted - this initiative shows how public - private collaboration can shape the future of technology at scale.
A huge congratulation to the entire Domyn team led by the visionary Uljan Sharka. We are proud to support founders who build with ambition and impact.
KLEECKS
We are excited to announce that Kleecks has been awarded first place in the I-COM Global Data Startup Challenge!
Kleecks impressed the international jury with its AI-powered SaaS platform, which is set to revolutionize digital optimization across industries.
Congratulations to the Kleecks team for this outstanding recognition.
ON THE ROAD
Rome, 09 April - Alessia Gennaro took part in the launch of Cleantech for Italy coalition at the Chamber of Deputies with startups and funds to accelerate cleantech and boost national industrial competitiveness.
Milan, 12 May - Matteo Renzulli took part in the Energy Investor Forum 2025 in Milan. The event brought together investors and institutions to discuss sustainable energy and responsible innovation in the sector.
Pisa, 28 May - Massimo Gentili joined the Investor Panel at Converging Skill 2025 , hosted by the University of Pisa. The discussion focused on what today’s investors look for and how innovation, skills and startup-university collaboration are evolving.
Naples, 2 June - Stefano Peroncini, participated in Univertis in Naples, engaging with students in supporting next-generation of investments professionals.
MEET UP WITH US
ITALIAN TECH ALLIANCE
Join us to the next presentation of Quarterly VC data powered by Italian Tech Alliance and Growth Capital, in Milan, July 15th; our CEO will be joining to the roundtable. Register here!
SudUp 2025
We are happy to be part of SudUp 2025, a key event dedicated to fostering entrepreneurship and venture capital in Southern Italy.
Our Anna Amati, will share Eureka!’s vision for building sustainable impact through science based ventures. Event like SudUp are essential to nurturning talent and unlocking new opportunities across Italy’s innovation landscape. Here the full agenda.
THINGS WORTH TO SHARE
Anna Amati shared insights on the firm’s approach to managing the newly launched Equity Puglia Fund. She emphasized Eureka’s commitment to supporting deep-tech and research-driven startups,highlighting the tech transfer, regional innovation ecosystems and close collaboration with universities and research center.
We have formalized a strategic partnership with BINP ( Boosting Inoovation in Poliba) to support spin-offs, startups, and innovative SMEs advancing sustainable materials. The collaboration will leverage Eureka Fund I - Technology Transfer to back high-impact projects.
A new spotlight article by Startups & Places highlights how university spin-offs are powering Europe’s deep tech surge- but systemic issues like under-resourced TTOs and fragment IP policies still hold back full potential. Featuring our CEO, Stefano Peroncini, this piece calls for bold steps to scale science-based innovation.
Last but not least, Taranto CirTech - Call4Ideas is still open: a bold acceleration program aimed at transformation high-impact ideas into suistainable, scalable solutions. The initiative supports startups and emerging projects in circular economy, water, energy, sustainable textils, and deeptech, contributing to Taranto’s sustainable transformation.
Thank you for being part of our journey, We’re excited about the future!