Generali would commit to deploying €15 billion in seed and acceleration capital over 5 years.
The transaction is expected to be completed by the first half of 2025.
This move aligns with Generali's "Lifetime Partner 24: Driving Growth" strategy, which focuses on prioritizing key markets where the company has a strong presence.
Since launching, the VC firm invested in ~25 startups such as Newfront, Bilt Rewards, and Avibra.