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Early-stage investment

Backing the technologies shaping a sustainable future.

We invest in early-stage climate, nature and urban innovation, combining capital with industrial expertise and access to real-world validation.
Stage
Early-stage
Sectors
Climate · Nature · Urban
Technology
Hardware + Software

Where we invest

We back technologies addressing the physical and systemic challenges of a more sustainable and resilient economy.
Clean energy plant piping and a wind turbine under overcast light

01

Climate innovation

Technologies reducing emissions and energy intensity across industry and the built economy.

  • Energy
  • Decarbonisation
  • Industrial transition
  • Resource efficiency
  • Climate technologies
  • Enabling technologies
Environmental monitoring station standing in a wetland

02

Nature technology

Technologies that help measure, protect or restore natural systems and the resources they provide.

  • Biodiversity
  • Natural capital
  • Water
  • Circularity
  • Ecosystem resilience
  • Environmental monitoring
European city district with a tram line seen from above

03

Urban innovation

Digital and physical technologies enabling more resilient, efficient cities and infrastructure.

  • Smart cities
  • Mobility
  • Buildings
  • Infrastructure
  • Urban systems
  • Resilient city technologies

From working MVPs to early industrial prototypes — across hardware and software.

What we are looking for

  1. 01

    Early stage

    Startups at an early stage where capital, industrial expertise and hands-on support can materially accelerate development.

  2. 02

    MVP or prototype

    Presence of an MVP, working prototype or meaningful technical validation appropriate to the technology.

  3. 03

    Proprietary technology

    Technology ownership, defensible know-how, IP or another meaningful competitive advantage.

  4. 04

    Early market validation

    A first signal of market validation, customer interest, pilots, partnerships or equivalent evidence of demand.

  5. 05

    Strong founding team

    A capable founding team with the technical, commercial and execution capabilities required to build the company.

  6. 06

    Industrial collaboration

    Willingness to work with corporate and industrial partners and engage in real-world validation.

  7. 07

    Measurable environmental impact

    A credible potential to generate measurable environmental impact.

The programme is open to startups that have not already received VC funding.

Our investment vehicles

The Only Planet Venture One

One of the startup investment vehicles we manage is The Only Planet Venture One. The technologies required for a more resilient economy already exist, but too many struggle to move from research and early validation to industrial adoption. Venture One was created to close that gap: investing early, working alongside founders and connecting innovation with the organisations able to test, adopt and scale it. Geography: Europe.

Partners

An ecosystem connecting capital, expertise, industry and market access

Backed by an ecosystem of institutional, academic and industrial partners supporting sourcing, validation and market access.
  • Lazio Innova logo

    Lazio Innova

    Institutional partner

  • Sapienza University of Rome logo

    Sapienza University of Rome

    Academic partner

  • Eni logo

    Eni

    Industrial partner

  • eFM logo

    eFM

    Industrial partner

  • Rome Advanced District logo

    Rome Advanced District

    Industrial partner

  • The Only Planet logo

    The Only Planet

    Managing partner

  • Unfold Tomorrow logo

    Unfold Tomorrow

    Managing partner

Built alongside founders

One-to-one accompaniment structured around four activities.

  1. 01

    Mentoring

    Each startup is paired with corporate mentors who support planning and execution through focused Sprints, defining business and technical objectives to achieve.

  2. 02

    Checkpoints

    Bi-weekly meetings with the support team to review progress, address challenges and plan the following weeks.

  3. 03

    Workshops & seminars

    Educational sessions covering relevant topics for startup development, business growth and innovation.

  4. 04

    Impact framework

    Support in defining outcomes and indicators to quantify the impact generated by the proposed solution.

The Gazometro at Rome Advanced District

Rome Advanced District

Where technology meets industry.

Programme activities take place at the Rome Advanced District, the industrial innovation campus at the Gazometro in Rome.

Who can apply

Early-stage startups working at the intersection of climate, nature, urban innovation, science and industry.
  • Hardware and software startups can apply.
  • MVP and prototype-stage companies can apply.
  • Startups do not necessarily need to be incorporated before applying; the startup must incorporate during the programme in order to receive the investment.
  • Startups with an existing product and customers can still be relevant.
  • The programme is intended for startups that have not already received VC funding.

What to submit

You do not need a full business plan. A general startup presentation covering the company, technology, market, team and key business metrics is sufficient.

Next steps

Applications are reviewed, shortlisted teams are assessed, and selected founders move into the investment and support process.

Commitment

The founders and team members necessary for the development of the startup are expected to work full-time on the company during the programme and attend in-person sessions at the ENI Joule headquarters at the Gazometro in Rome. Other founders, employees or supporting collaborators may work part-time and/or remotely.

Submit your startup

Frequently asked questions

Do the founders and the entire team need to work full-time during the programme?

The founders and team members necessary for the development of the startup are expected to work full-time on the company during the programme and attend in-person sessions at the ENI Joule headquarters at the Gazometro in Rome. Other founders, employees or supporting collaborators may work part-time and/or remotely.

Do I need to provide a business plan?

No. A general startup presentation covering the company, technology, market, team and key business metrics is sufficient.

Does my startup need to be incorporated before applying?

No. Startups do not necessarily need to be incorporated before applying; the startup must incorporate during the programme in order to receive the investment.

My startup already has a product and customers. Does the programme still make sense for me?

Yes. Startups with an existing product and customers can still be relevant, as long as they have not already received VC funding.

What support is provided during the 1-to-1 accompaniment?

Mentoring with corporate mentors, bi-weekly checkpoints, workshops and seminars, and support in building an impact framework.

Building technology for a more sustainable and resilient economy?

We want to hear from ambitious founders working at the intersection of science, industry and environmental impact. Applications are reviewed on a rolling basis. Submission takes approximately five minutes.