menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Italy’s Za...
source image

SiliconCanals

3w

read

290

img
dot

Image Credit: SiliconCanals

Italy’s Zanichelli turns a new page: 166-year-old publisher’s €60M tech bet on future of learning

  • Italy’s Zanichelli Editore has launched ZNEXT, a €60M initiative focusing on developing technology businesses in education, work, lifelong learning, and wellbeing.
  • ZNEXT will invest in edtech and other technology companies through a venture builder model and M&A arm, led by Elena Lavezzi.
  • The initiative is fully funded by Zanichelli Editore, aiming for long-term revenue growth in the learning market.
  • Funds will be allocated to a venture builder for early-stage funding and an M&A arm for high-growth startups.
  • ZNEXT will provide support and resources to help portfolio companies grow.
  • This marks a strategic expansion for Zanichelli Editore, known for its educational publishing legacy.
  • The initiative complements the existing Zanichelli Venture fund, marking a significant move into technology investment.
  • Elena Lavezzi brings experience from Uber and Revolut to ZNEXT, focusing on unlocking human potential through technology.
  • Unlike traditional VC models, ZNEXT is designed for sustainable growth with a focus on human development technologies.
  • Ferrante Enriques, a major shareholder, highlights the importance of investing in technology for human adaptability.
  • ZNEXT and Zanichelli Editore aim to enable individuals worldwide to adapt to evolving lifestyles through technology.
  • The initiative reflects a long-term commitment to education and human development.
  • Elena Lavezzi emphasizes Zanichelli’s history and the importance of adapting to change.
  • The focus is on diversification and innovation, aligning with the company’s longstanding evolution.
  • ZNEXT represents a new chapter in Zanichelli’s history, paralleling the continuous innovation over 150 years.
  • The initiative is aimed at unlocking human potential through world-class technology, driven by energy and ambition.
  • The company's perspective is focused on long-term human development and adaptability to societal changes.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app