CanaryBit joins the Leonardo BIF Acceleration Programme

20 May 2022

CanaryBit joins the Leonardo Business Innovation Factory (BIF) Acceleration Programme. A total of 10 startups joined the BIF Acceleration Programme, launched by Leonardo and LVenture Group.

CanaryBit joins the Leonardo BIF Acceleration Programme for 5 months. In this time, CanayBit will receive support from an international team of experts in business and technical verticals.

The goal is to improve and extend Leonardo offerings and accelerate market opportunities into new businesses in the area of Servitisation. The latter is defined as “innovative digital solutions able to implement and enhance “Everything-as -a-Service” XaaS paradigm”.

CanaryBit will work closely with Leonardo’s Cloud and Cybersecurity unit to boost research and innovation within Confidential Computing and Data Collaboration with Confidential Cloud.

CanaryBit will also have access to the LVenture Hub in Rome for the entire duration of the programme. The team will keep direct contact with hundreds of startups supported and developed by the top-3 startup incubator in Italy.


About Leonardo

Leonardo is an Italian multinational company and one of the world’s largest players in the Aerospace, Defence and Security sector.

Headquartered in Rome, Italy, the company is present worldwide in about 20 countries. Commercially, ca.150 countries in the world use products, systems and services supplied by Leonardo.

The company is partially owned by the Italian government, which holds 30.2% of the company’s shares and is its largest shareholder.


About LVenture Group

LVenture Group is a holding company listed on the Italian Stock Exchange, operating in the field of Venture Capital.

It owns the Startup Accelerator LUISS EnLabs, in a joint venture with LUISS Guido Carlo University, one of the most prestigious private universities in Italy.

Today, LVenture Group portfolio includes 100+ startups, characterized by high digital innovation and scalability.


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