In the last five years, we have realized how essential it is to have investments both in the traditional financial sector and in venture capital and private equity. Investing in startups and B2B has been the way to go for us.  GELLIFY is facilitating this process for Azimut Wealth Management. We recently participated in their capital increase and this is the most exciting development for us. Our partnerships have been the key to completing our competences and having success with startup investments. GELLIFY has been our vehicle to expanding into the startup world. 

GELLIFY is creating an incubation program that hybridizes the two worlds. The parent company invests in the startup and reduces its risk based on the percent of ownership they’re willing to take on. This is an opportunity that is being overlooked. This is one of the models I haven’t seen anyone doing before.

GELLIFY is creating and developing a different kind of ecosystem. It is important to reflect on what kind of intermediaries you create to make the (innovation) ecosystem work.

We are an energy and technology company, but we don’t build technology ourselves. We are good at building the global renewable energy system. Enel works with startups who produce the technology and then we deploy it.