Enhancing internal skills and Eni's proprietary technologies, setting up new high-tech entrepreneurial initiatives to support the Just Transition, interacting with the external innovation ecosystem. This is why Eniverse Ventures, Eni’s Corporate Venture Builder company, was born. Launched in August 2022, it is 100% owned by Eni and closely connected to the company’s branches dedicated to innovation. Its goal is to identify and scale up to industrial level the technological solutions, either its own or third-party, with the highest potential that have been in the market for less than three years.
PRESS RELEASE | Eni launches Eniverse Ventures to enhance proprietary technologies in new businesses while promoting a just transition.
Eniverse brings together internal research and expertise with the entrepreneurship of the most innovative companies in the market.
It draws on Eni's experience in several engineering and science sectors, on a network of collaborations with universities, research centres, tech companies and start-ups and on a system of alliances with strategic partners.
In particular, the company deals with:
market incubation for technologies that have not reached adequate maturity levels
market validation by interacting with the market
business building by setting up new ventures and supporting them in the scale-up phase.
Eniverse complements our approach to Open Innovation, working alongside Joule, Eni's Business School, Eni Next, our Corporate Venture Capital company, and Innovation Match, the eniSpace platform followed by Eni Procurement.
Eni's other selection and support processes complementing Eniverse. Through them, we turn ideas into game-changer technologies that can speed up the progress towards our Net Zero goal.
A training scheme supporting young entrepreneurs and start-ups with free programmes inspired by the principles of sustainability, circular economy and decarbonization.
Eni Next supports the most dynamic start-ups
Our Corporate Venture Capital company integrating internal and external research into projects with other partners, with early-stage financing of start-ups and subsequent capital increases.
Innovation Match: experimenting with new solutions
A platform for all innovation players who want to put their ideas and technologies into play, in direct contact with Eni Procurement and Business.
Eni's research and development follows all stages of the innovation process, from the most immediate to the most strategic. While we develop proprietary technologies that are immediately applicable to our businesses to increase efficiency, we continue to support research into game-changer solutions that will give rise to the energy of tomorrow. Our strength lies in our ability to pool the skills of our people with the Eni Group's network of laboratories, research centres and pilot plants, maintaining a constant dialogue with the external ecosystem in a perspective of Open Innovation. Our common commitment is to speed up progress in reducing net GHG emissions towards our Net Zero target.
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