Intesa Sanpaolo Innovation Center, a three-day event in Israel

The Intesa Sanpaolo Innovation Center, in collaboration with Israel-Italia Chamber of Commerce and PlaneTech, organized a Networking Event at the Margalit Startup City Center in Tel Aviv, on the occasion of the Climate Change & Innovation Tech Tour for customers and officials of the Group Intesa Sanpaolo.

The meeting started today and will continue until Thursday.

Among the interventions, those Vincenzo Antonetti, director of Network Development of Intesa Sanpaolo Innovation Center, and Ronni Benatoff, president of the Italy-Israel Chamber of Commerce.

Intesa Sanpaolo Innovation Center, led by Maurizio Montagnese, is the company of the Intesa Sanpaolo Group which aims to explore future scenarios and trends, develop multidisciplinary applied research projects, support startups,

accelerate the business transformation of companies according to the criteria of Open Innovation and the Circular Economy, favoring the development of innovative ecosystems and spreading the culture of innovation, to make Intesa Sanpaolo the driving force of a more aware, inclusive and sustainable economy .

The collaboration of Intesa Sanpaolo and Intesa Sanpaolo Innovation Center with Israel has generated to date over 25 POCs (prototypes) with Fintech technologies, numerous tech scouting activities for customers (also through Tech Tours) in the sectors of Smart Transportation, Agritech, Energy , RetailTech and Climate Change.

'Italy, although considered a moderately innovative country - reads a note - can boast results above the European average for internal diversification of industries,

investments in industrial design compared to GDP, ecological sustainability of their companies.

And it stands out among the 51 high-income countries thanks to its ability to produce high-quality industrial outputs in relation to the level of investments made with respect to GDP.

Thus resolved the perfect ideal partner of Israeli technologies, which sin from experience in the manufacturing field and find in the Italian industry a perfect partner to test advanced high-tech solutions in our territory '.

In the world of venture capital, through the Neva First Fund, Intesa Sanpaolo Innovation Center made two investments in Cyberint and Coro, innovative Israeli companies in the Cybersecurity sector, which develop solutions to protect companies from cyber threats.

Since the beginning of 2022, through the vehicle Neva Sgr, the Innovation Center has invested in Israel a total of over 20 million euros in five start-ups in the IT sectors with vFunction, Quantum Computing with Classiq, Agri-Foodtech with Seed-X, Cybersecurity with Cyberint and Coro.

New operations are in the pipeline in Italian and foreign companies operating in real estate brokerage, Agri-tech and Life Science.

'In its role as' ecosystem aggregator'

- continues the note - Intesa Sanpaolo Innovation Center looks to the best international technologies to attract them to the domestic market, to launch experiments with corporates, universities and local stakeholders, with the aim of creating a fertile environment in terms of innovation.

The Turin City of The Future project with Techstars, the Life Style Accelerator of Florence and the Terranext accelerator on the Bioeconomy of Naples have the aim of looking at international excellence as a reference point, promoting synergies between international talents and local players'.

The Israeli market now has 700 technological companies with numerous applications in the Agrifood, Carbon Capture, new materials, energy efficiency and manufacturing, automotive, water tech and green buildings sectors.

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