Gennaro Tesone built his reputation by helping scale Mare from €12M to €50M through more than 15 acquisitions and mergers, co-founding 56CUBE as a startup incubator focused on Southern Italy with the University of Salerno, and founding or partnering in more than 10 digital companies, while also making 15 direct startup investments that together raised over €15M with an average 15% return. He has focused specifically on the gap Italian founders face raising €300k–€500k seed rounds, holds a role as Investor Relator connecting startup investing with public markets, and is tied to Mare Group's work in aerospace, hydrogen, and AI.
About their Fund
Sectors
AI, Fintech, Insurtech, SaaS, Health
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Notable Investments
Step Venture leads as the first institutional investor in AI-first digital startups in Italy that already have an MVP or early customers but haven't reached Series A, with a team of four partners who have personally founded, scaled, and exited companies. The fund runs out of both Milan and Naples, committing at least 20% of its resources to Southern Italy, and is managed by Alternative Capital Partners with CDP Venture Capital as an anchor investor.
Notable Fund
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Popular Investors
investor name
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Links
Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
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2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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