The launch of the new acceleration program VITA by CDP Venture Capital represents a huge opportunity for digital health startups. Orrick’s Partner Attilio Mazzilli led the team that supported Healthware Group in the operation.
Attilio Mazzilli contributes to the launch of VITA
Orrick’s Corporate Partner Attilio Mazzilli was the leader of the team that assisted Healthware Group in the operation that led to the establishment of VITA, a new acceleration program by CDP Venture Capital completely dedicated to digital health. Due to their huge potential for advancements, the interest in digital technologies in the healthcare and personal care sector has been growing tremendously in recent years. That is the reason VITA set the objective of providing support to startups that have an enormous potential in operating in the digital health sector, focusing in particular on innovative solutions for healthcare’s digital transformation. The main areas of interest for the acceleration program are those that present particular criticality and the potential for transformative solutions, such as respiratory diseases, women’s health, rare diseases, chronic pain and ophthalmology. VITA starts with a substantial investment of 6.35 million euros for both the acceleration phase and the subsequent growth. 4.55 million are provided by CDP Venture Capital SGR’s Acceleratori Fund in partnership with Healthware Group and Accelerance, while 1.8 million came from the corporate partners of the program that wanted to support the initiative. If Healthcare was assisted in the operation by the global law firm Orrick, with a team led by Attilio Mazzilli, CDP Venture Capital received assistance from Helix.
Attilio Mazzilli is Orrick’s Partner since 2015
Attilio Mazzilli is a Corporate Partner at Orrick, Herrington & Sutcliffe LLP, Co-Head of Italian offices, Head of the Italian Tech Group and Member of the International Technology Companies Group. He has been Partner of the global law firm since 2015. He specializes in private equity and venture capital and has long expertise in domestic and cross-border M&A transactions. He mainly advises on M&A, private equity and venture capital transactions, and he also provides counsel to startups and venture capital firms on financing, corporate law, M&A, and listings. He played a key role in a significant number of transactions that involved very well-known companies. These include Gruppo Intesa San Paolo, Cattolica Assicurazioni, Teko Telecom, Octo Telematics and Prima Assicurazioni. During the surge of COVID-19 pandemic in Italy, he collaborated with the Italian Ministry of Innovation, the Finance Commission, and VC Hub to draft urgent measures aimed at providing financial support to Italian tech and innovative companies. Attilio Mazzilli also advised Banca Sella Holding and Fabrick on a joint venture agreement with illimity Bank regarding Hype, as well as Cerba HealthCare on its acquisition of Lifebrain from Investindustrial and Scalapay on both its Series B and Series A founding round. In 2020 he was named “Lawyer of the Year for Venture Capital” at the Legalcommunity Awards, and his work contributed to several awards for Orrick, Herrington & Sutcliffe LLP, including “Law Firm of the Year 2021 for Venture Capital”, “Law Firm of the Year 2020 for M&A Small Cap” (BeBeez and PBV), and “Law Firm of the Year 2020 for Fintech” (TopLegal Industry Awards).
