MT

MITO Technology

Milan, Italy·

Venture Capital

·mitotech.eu

MITO Technology is a Milan-based advisor to venture capital funds that back deep tech spin-offs from Italian universities and public research centres, with a stated focus on sustainable industrial technologies rather than consumer software. In 2018 it sponsored and advised its first fund, launched under the Progress Tech Transfer brand and now presented on the firm site as MITO Tech Transfer, anchored by the European Investment Fund with InnovFin resources and by CDP Venture Capital under the ITAtech platform; that fund closed its investment period in 2023, a year ahead of schedule, after 24 investments. In 2024 the firm launched MITO Tech Ventures, an early stage climate tech fund compliant with article 9 SFDR, which announced a first closing of EUR 55 million with CDP Venture Capital and the EIF as anchor investors alongside IREN, Inarcassa and family offices. Both vehicles are Luxembourg reserved alternative investment funds run with an external AIFM, and the seven-person team is led by chief executive Francesco De Michelis, chairman Massimiliano Granieri and managing directors Andrea Basso and Alberto Calvo.