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SIMEST is a financial institution dedicated to fostering the international expansion of Italian businesses. It provides a suite of services including soft loans for international development, comprehensive export credit assistance, and strategic equity investments directly into companies, enabling them to establish and grow their presence in global markets. The organization leverages these financial instruments to support Italian enterprises throughout their entire internationalization process.
The entity was established in 1991 as part of the CDP Group, with Cassa Depositi e Prestiti holding a controlling 76% stake, alongside participation from various Italian banks and business associations. Its formation was driven by the strategic insight to create a dedicated arm within the Italian financial system to bolster the competitiveness of domestic businesses on the world stage, operating under the guidance of the Italian Ministry of Foreign Affairs.
SIMEST serves Italian companies seeking to expand globally, offering crucial support for their foreign direct investments and commercial endeavors. Its overarching vision is to contribute to widespread and lasting prosperity, impacting both communities and territories through the success of Italian manufacturing and business excellence abroad. The organization aims to be a steadfast partner, promoting sustainable growth and upholding strong values in international trade.
Key people at SIMEST.
Key people at SIMEST.
SIMEST has 3 tracked investments across 3 companies. The latest tracked deal is $25.3M Series B in BKN301 in April 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 14, 2025 | BKN301 | $25.3M Series B | — | Aldo Fumagalli, Azimut Libera Impresa SGR, Enrico Fili' |
| Feb 14, 2024 | Daze | $16.1M Series A | Marino Giocondi | 035 Investimenti, Svetoslava Georgieva, Founders Future, Pranaventures |
| Jul 30, 2023 | Leaf Space | $38.5M Debt / Other Equity | Mario Costantini | Mario Scuderi, European Investment Bank, Primo Ventures, RedSeed Ventures, Whysol |