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Venture Capital: Neva Sgr invests in xIoT cybersecurity

The image accompanying the News on Neva Sgr's investment in Phosphorus Cybersecurity portrays a mature man surrounded by technological processes and reflections of histograms and graphs

28 April 2025

Neva Sgr, the Intesa Sanpaolo Group's venture capital company, has subscribed to an investment in Phosphorus Cybersecurity Inc, a leading US company in security and device management for the Extended Internet of Things (xIoT).

With this investment, Phosphorus Cybersecurity aims to:

  • accelerate the growth and improvement of intelligent automation in xIoT security to reduce the risk of large-scale device compromise
  • expand its area of operations in Italy, exploiting the Intesa Sanpaolo Group's network of relationships.

“Investing in xIoT cybersecurity is today more necessary than ever given the rapid growth of connected devices across key sectors such as healthcare, manufacturing, and hospitality. We chose Phosphorus because of its distinctive technology and innovative approach”

 

 Mario Costantini, CEO and General Manager of Neva Sgr

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