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CDP Venture Capital

CrossConnect

CrossConnect

CrossConnect is the Acceleration program located in Catania and entirely dedicated to new companies developing Infrastructure solutions or services, which was born with a total endowment of more than 6 million euros.

They are co-investors in CrossConnect Plug and Play Tech Center and ELIS, which will also handle the operational management of the program.

Also joining as Corporate Partners are Eni, through Joule, its business school, Saipem, a global leader in engineering and construction of major projects in the energy and offshore and onshore infrastructure sectors, Buzzi and Sonatrach Raffineria Italiana.

CrossConnect embraces all market segments that enable the construction of infrastructure and major works aimed at meeting community needs in an efficient and sustainable manner. Key areas of interest include digital technologies applied to infrastructure management and monitoring (including AI for predictive maintenance, digital twin, drones), innovative solutions for transportation and civil infrastructures (roads, ports, rail networks, airports), as well as infrastructures useful for energy production, transmission and storage, with a focus on renewable sources. Research areas also include advanced technologies for the efficient production and management of water resources, as well as Green Tech and circular solutions, for green hydrogen production, chemistry, biorefining and CO2 capture

The Accelerator has 3 years of activity, for each of which the partners will select up to 8 startups that will have access to an initial investment ticket of 150 thousand euros, a 4-month acceleration path. The best teams selected by the accelerator will also have the opportunity to obtain subsequent post-acceleration investments of up to 400,000 euros to strengthen their solution.

The call to participate in the 1st batch of CrossConnect is open until Dec. 5 at www.cross connect.it Italian and international startups that intend to open an office in Italy can apply.

The ecosystem supporting innovation in Italy