EIB and Angelini pour €17M into microsurgery robot maker MMI
What's the deal? The European Investment Bank (EIB) and Angelini VenturesDealroom has a profile for this one. Try Dealroom → have made a €17 million co-investment in Medical Microinstruments (MMI)Dealroom has a profile for this one. Try Dealroom →, a Series C round for the company behind the Pisa-made Symani surgical robotics system. MMI builds robotic tools for microsurgery and super-microsurgery, including what the partners call "the world's smallest articulated robotic instruments."
Why now? The deal is the third completed under the partners' €150 million initiative in under 12 months, following investments in ADCytherix and Nuclidium. It brings the amount co-invested to date to €48.5 million.
What's the endgame? The EIB and Angelini Ventures signed their €150 million partnership in December 2025, each committing €75 million over six years to back 7 to 10 European companies in biotechnology, medtech, and digital health. A further €20 million has been committed to two more companies working in oncology and rare diseases, lifting the total to €68.5 million once those close.
By the numbers: With five investments completed or committed, the partners expect to have roughly €100 million invested or committed by early 2027. It is the first deal of its kind between the EIB and a corporate venture capital investor in healthcare.
"In less than a year, our partnership with the EIB has already resulted in investments in five European life sciences companies," said Paolo Di Giorgio, chief executive officer of Angelini Ventures.
EIB Vice-President Gelsomina Vigliotti framed the stakes more broadly: "Europe's future competitiveness depends on its ability to turn scientific excellence into global success stories."
The signal: The rapid deployment points to growing appetite for European life sciences hardware and therapeutics, with public and corporate capital pairing up to help homegrown medtech scale before rivals do.
Read more: lifestyle.claritypointe.com
Image credit: NavyMedicine
