09 Feb Eni and CDP Venture Capital invest in startup EXE Engineering
(Oilandgaspress) -] Eni, together with CDP Venture Capital, invested €550,000 and announced a collaboration with the startup EXE Engineering in the field of carbon offsetting initiatives in Africa. This new investment will enable the startup to accelerate its roadmap and support the expansion of its projects into new operating contexts, including international growth in Europe and Africa.
The funding round was led by Zero and Eni Next, Eni’s Corporate Venture Capital company, which invests in innovative startups with high technological potential.
Zero is part of the National Accelerator Network of CDP Venture Capital, developed in collaboration with Zest and Elis. The project also includes Eni as the main corporate partner through Joule, its School of entrepreneurship, with the involvement of additional companies from the sector.
EXE Engineering took part in the Zero acceleration programme between 2024 and 2025 and developed a pilot project (Proof of Concept) with Eni. This was followed by the signing of a cooperation agreement in Africa to assess the development and implementation of innovative solutions aimed at emissions reduction and the environmental valorisation of waste.
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