ENEA Tech invests in medical technology and green energy, and the circular economy, among other things. As a history teacher, I have to ask, does Enea Teach also invest in smaller, less technologically savvy sectors such as the cultural field, for example?
There are four verticals in ENEA Tech, which are four investment areas defined for each of the directors: healthcare, the green, and circular economy, deep tech, and information technology. My area is information technology. Information technology is a very transversal sector because it involves data, computational power, and connectivity, very large platforms from which you can build in any direction. You can pick any field, really, you can look at climate tech, you can look at health tech or digitalization of old infrastructure, you can do so many things. One way that I’ve strategically chosen to align the investment sectors I am interested in is by making sure we also focus on two of Italy’s greatest assets: its cultural and educational [fields]. Edtech encompasses many of the technologies and the new platforms that will enable Italy’s historical and cultural to be more widely distributed but [investing in Edtech] is not just a question of distributing information more widely; it is also important, through technology, to make sense of human processes that start with knowing what has happened in the past. It is important for us to know what we are a part of, and technology should help us maintain a state of awareness of the present as well as the past. History, for example, helps us learn from what has been done in the past, and it also helps us contextualize who we are and gives us an identity. By being a part of the present and, [at the same time], knowing the past, we can project a different future. Technology can help us streamline this process and make it a circular one where that’s a constant feedback loop that you can activate in a virtuous way, giving you more and more knowledge, more and more data, and helping you adapt better.
Virtual reality, augmented reality, and new digital platforms will help us. Think of Wikipedia: it’s so simple, it’s “web 1.0”, it’s not web 5.0--the emotional web that will happen only through virtual reality--no, we are talking about static pages that are hyperlinked, enabling you to move from one page to another easily but how much has that project enriched our lives as a whole? A huge amount. That’s an example of a very straightforward technological advance, and, [in my job], I try to think, how much can we do and how much of an impact can we have if we use technology to build upon that experience? This is one of the areas that I will focus on as an Investment Director.