Iren invests in Atlas AI VB Fund I and strengthens its artificial intelligence strategy

The Board of Directors of Iren S.p.A. has approved a commitment to the Atlas AI VB Fund I, a vehicle specialized in artificial intelligence technologies promoted and managed by ATLAS SGR S.p.A., with an investment of €3 million.

The transaction forms part of the Corporate Venture Capital Plan, an integral component of the 2025–2030 Industrial Plan approved in November 2025, which foresees the Group’s gradual entry into venture capital funds focused on different technological sectors and on diversifying investments.

The entry into Atlas AI VB Fund I complements Iren’s participation as a Limited Partner in two other vehicles, Tech4Planet and MITO Tech Ventures. through which the Group has already indirectly invested in approximately 40 innovative startups.

With this new investment, Iren expands its scope of action, with particular attention to artificial intelligence and international markets. The Atlas AI VB Fund I focuses on investing in startups with AI solutions developed by international Venture Builders, organizations that create and develop startups from the earliest stages, accelerating their validation and growth. In this context, the Iren Group aims to strengthen its positioning as a leading Venture Client operator, broadening its reach toward cross-sector and enabling technologies.

“With this investment we concretely strengthen our positioning in artificial intelligence, a technology that is becoming increasingly strategic for the evolution of our businesses. Joining the Atlas fund allows us to expand access to high-quality international ecosystems and to identify innovative solutions from the earliest stages of development, in line with our model. Corporate Venture Capital represents an industrial tool for Iren, not just a financial one: it allows us to identify new technologies while reducing experimentation time, accelerating their adoption and increasing our ability to generate sustainable long-term value,” said Luca Dal Fabbro, Chairman of the Iren Group.