Panakès Partners Raises €8.5 Mn from Lombardia Venture STEP to Support MedTech and BioTech Startups

Lombardia Venture STEP is funded through the European Regional Development Fund (ERDF) programme for Lombardy for 2021–2027 and managed by Finlombarda. The fund aims to help innovative startups and growing companies in Lombardy access venture capital and support their development.

“We are delighted to launch Panakès Fund – Fondo Parallelo Lombardia together with the Lombardy Region and Finlombarda: a further step in our commitment to supporting the most promising startups and scaleups in MedTech and BioTech, helping to build an increasingly solid innovation ecosystem in the Lombardy area,” says Diana Saraceni, Founder and Managing Partner of Panakès Partners.

“We consider it strategic to participate in initiatives like Lombardia Venture STEP, which foster effective collaboration between public and private capital: the contribution of the Lombardy Region allows us to expand our investment capacity in MedTech and BioTech, supporting the growth of innovative companies in the Lombard territory,” adds Lorenzo Giordano, CFO of Panakès Partners.

Panakès Partners is a Milan-based venture capital firm founded in 2015 by Fabrizio Landi, Alessio Beverina and Diana Saraceni. The firm manages around €300 million in assets and invests in ambitious companies developing new technologies and products in the life sciences sector.

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