Eni Next is the corporate venture capital arm of Eni, focusing its investments on startups developing low-carbon energy technologies such as renewable energies, energy storage, and magnetic fusion. It also invests in startups that enhance the efficiency of Eni's operations and create digital solutions, aligning with Eni's broader energy transition strategy.
57% of their portfolio is in Climate & Energy. Their most common stage is series-a (43% of deals). Average disclosed round size is $45.0M (across 6 rounds with reported amounts).
Portfolio
7
Fund Size
$800M
Top Stage
Series A
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| EEnergy Dome | Series B | $44M | Apr 2023 |
 Pasqal | Series B | — | Jan 2023 |
 Thiozen | Seed | $3M | Sep 2021 |
| Pasqal | Series A | $25M | Jun 2021 |
 Commonwealth Fusion Systems | Series A | $84M | May 2020 |
| Commonwealth Fusion Systems | Series C | $84M | May 2020 |
 Mantel Capture | Series A | $30M | — |
Top Co-Investors
Temasek Holdings3 shared
Quantonation2 shared
Daphni2 shared
Khosla Ventures2 shared
Equinor2 shared
Devonshire Investors2 shared
Breakthrough Energy Ventures2 shared
The Engine2 shared
Future Fund2 shared
Moore Strategic Ventures2 shared
Safar Partners2 shared
Schooner Capital2 shared
Starlight Ventures2 shared
Runa Capital1 shared
NEVA SGR1 shared
Barclays Sustainable Impact Capital1 shared
CDP Venture Capital1 shared
360 Capital1 shared
Japan Energy Fund1 shared
Last updated: 12 April 2026