Eni Next
Piazzale Enrico Mattei, 1, Rome, RM, 00144, Italy
Overview
Eni Next LLC has been recently established as the venture investing arm of Eni Group. It aims to be a key role in Eni's open innovation strategy towards energy transition through investing in startups with disruptive technologies. Its focus investment areas include Clean-Tech, Industrials, Digital technologies, Magnetic Fusion, and others.
- Total investments
- 23
- Lead investments
- 8
- Investments · 12mo
- 6
- Active investors
- 3
Sector focus
- Energy
Investment portfolio
- Captura
Participated · Series B · Jun 2026
Captura designs and manufactures a PFAS-free bipolar membrane electrodialysis platform that generates acid and base streams for applications including direct lithium extraction, industrial water treatment, long-duration energy storage, and CO2 management. The platform was originally developed to power Captura’s Direct Ocean Capture (DOC) system, which removes CO2 from seawater for permanent storage or utilization. Captura operates the only U.S.-based production plant that produces complete electrodialysis systems and plans to scale domestic manufacturing capacity following its Series B raise. The company reports that its technology offers greater performance with significantly lower energy consumption and capital costs compared with leading market alternatives. Captura recently secured multiple purchase orders for its first electrodialysis stacks addressing the lithium extraction market, with initial deliveries expected this summer. CEO Steve Oldham says the company is now manufacturing systems for customers while continuing to advance commercial deployment of DOC globally.
- Dronus
Participated · Equity · Mar 2026
Dronus designs, produces and deploys systems aerei a pilotaggio remoto (remote-piloted aerial systems) centered on its patented Nest drone-in-a-box, a suspended aerial base that automates takeoff, landing and battery recharge for autonomous, repeatable missions. The Nest approach treats each base as a replicable node to create distributed airborne infrastructure for continuous inspections and monitoring across industrial sites, logistics, smart-city and oil & gas applications. The platform is engineered for 24/7 BVLOS operation, leverages AI and precision optical cameras, and includes drone models with ATEX certification and an attestato di inoffensività for safer urban operations. Dronus was founded in 2018, is headquartered in Trieste and has a multidisciplinary team of over 30 people. The company has partnerships with Eni and Qualcomm and is running deployments including a monitoring initiative in Singapore with HTX and a 5G Smart Factory trial with Ericsson in the U.S. The recent €15 million raise will fund completion of Nest’s development, new AI features and the scaling of the platform’s data-management and transmission capabilities to support international expansion and deeper industrial adoption.
- EXE Engineering
Led · Equity · Feb 2026
EXE Engineering is an environmental-technology startup focused on closing the waste cycle by capturing and utilising biogas from landfills, converting waste into energy, and delivering measurable carbon-offset benefits. Its platform combines advanced emissions-reduction, waste-valorisation, and carbon-offsetting solutions designed for deployment in challenging markets, initially concentrating on several African countries and now expanding into Europe. The company refined its technology while participating in CDP Venture Capital’s Zero accelerator during the 2024–2025 cycle, where it built a proof-of-concept pilot with energy major Eni. A subsequent cooperation agreement with Eni in Africa will evaluate large-scale feasibility, development, and implementation of the technology. Recent accolades include being named one of Forbes and Ventive’s “Top 100 Italian Startups” and receiving the Eni Joule for Entrepreneurship special mention at the Eni Award ceremony. The €550,000 capital infusion from Eni and CDP Venture Capital provides the financial runway to scale commercial projects, enter new geographic markets, and strengthen the company’s organisational capabilities. No operating metrics such as revenue or user counts were disclosed in the article.
- Aether Fuels
Participated · Convertible Note · Jan 2026
Aether Fuels is a clean-energy company commercializing Aether Auror™, a process that transforms industrial waste gas and biomethane into CORSIA-certified sustainable aviation fuel with more than 70 % greenhouse-gas reductions. Its flagship initiative, Project Beacon, is a 50 barrels-per-day (2,000 t per year) SAF plant being co-developed with Aster at the latter’s Bukom Island refinery in Singapore; engineering is underway, construction is slated for 2026, and commercial operations are targeted for 2028. The company is also planning to open a Singapore R&D center in 2026 to support ongoing technology scale-up. To bolster execution, Aether has added Stu Stott as Global Vice President of Projects and expanded its regional business development team. Including the latest round, Aether has raised more than US$60 million to date, funding pilot activities in the U.S. and the move from demonstration to commercial deployment. The new capital will accelerate Project Beacon and further maturation of its core technology.
- Generative Bionics
Participated · Equity · Dec 2025
Founded in 2024 out of the Italian Institute of Technology, Generative Bionics designs and manufactures humanoid robots that combine advanced robotics, tactile and force-sensing networks, and a proprietary Physical AI architecture. Its robots are engineered for hazardous, repetitive, and high-intensity tasks across manufacturing, logistics, healthcare, and retail settings. The company is integrating roughly 70 IIT engineers and specialists in certification, industrialization, and production to accelerate product development. Proceeds from its recent funding will finance industrial validation, the build-out of its first production plant, and completion of initial deployment contracts targeted for public announcement in early 2026. Generative Bionics’ first fully integrated humanoid model is slated to debut internationally at CES in Las Vegas. Long-term, management aims to position the firm as a global leader in the humanoid robotics market, which analysts project could exceed €200 billion by 2035 and $5 trillion by 2050. The company leverages IP from IIT projects such as iCub, ergoCub, and iRonCub, granting it exclusive licenses to several core technologies developed in collaboration with INAIL under the Physical AI program.