Tim and Cdp Venture Capital have signed a memorandum of understanding to identify innovative startups and SMEs with high potential of mutual interest, with technologies critical for digital sovereignty, belonging to the CDP Venture Capital portfolio or to Tim's deal flow scouting, and evaluate potential industrial, commercial and technological collaboration initiatives.
The agreement aims to strengthen Italy's ability to develop and leverage Italian technologies in strategic areas for the country's digital sovereignty, providing a coordinated set of industrial expertise, technological capabilities, and financial resources. The goal is to accelerate the development of innovations in areas such as artificial intelligence, cybersecurity, cloud, smart cities and smart infrastructure, defense and new services and technological enablers in the consumer sector.
The partnership's operating model is based on the industrial validation of the most promising technologies, which allows for the certification of mature solutions ready for integration into critical national systems. Furthermore, CDP Venture Capital to collaborate on TIM's Open Innovation Program To promote the identification and development of innovative technological solutions and potential industrial synergies through specific financing channels, joint go-to-market activities, and access to the enterprise market and public administration.
What the CEOs of CDP Venture Capital and Tim said
"The ability to amplify and structure synergies with strategic partners is a key element of our value creation. The collaboration with TIM is a key element in strengthening the growth path of the companies we support. Integrating capital, expertise, and advanced technologies means creating the best conditions for the excellence of Italian innovation to consolidate and further expand," he stated. Emanuele Levi, CEO and General Manager of CDP Venture Capital.
"Innovation generates impact when it enters into business mechanisms, industrial priorities, and everyday decisions. This is the path we have chosen at TIM: a company that has changed profoundly in recent years, becoming more focused, more concrete, and more capable of transforming vision and execution into results. For us, innovation works on two fronts: within the company, where it strengthens processes, skills, and execution capabilities, and outside, where it can become a growth accelerator for startups and SMEs. This is the rationale behind this partnership: making our infrastructure, our industrial vision, and our concrete knowledge of customer needs available to the ecosystem. This is how innovation creates development, strengthens competitiveness, and makes a concrete contribution to Italy's digital sovereignty," he stated. Pietro Labriola, CEO of TIM.
