Chemical Industry News, Data & Insights

Eni and CDP Venture Capital Invest €550,000 in EXE Engineering

Key highlights

Investment and Collaboration

Eni and CDP Venture Capital have invested €550,000 in the startup EXE Engineering, focusing on carbon offsetting initiatives in Africa. This investment aims to accelerate EXE Engineering's roadmap and support its expansion into new markets, particularly in Europe and Africa.

Funding and Support

The funding round was led by Zero and Eni Next, Eni's Corporate Venture Capital company. Zero is part of the National Accelerator Network of CDP Venture Capital, developed in collaboration with Zest and Elis. Eni is the main corporate partner through Joule, its School of entrepreneurship.

Acceleration Programme

EXE Engineering participated in the Zero acceleration programme between 2024 and 2025, developing a pilot project with Eni. This led to a cooperation agreement in Africa to explore innovative solutions for emissions reduction and waste valorisation.

Technological Focus

The startup is dedicated to developing technologies for closing the waste cycle, particularly in capturing and utilising biogas from landfills. This approach aims to improve environmental impact and deliver economic returns.