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A venture capital firm that focuses on clean-tech, industrials, digital technologies, magnetic fusion, and other sectors. The firm is the corporate venture capital vehicle of Eni Group. Its portfolio companies include Form Energy and Commonwealth Fusion. Form Energy is a company developing a class of ultra-low cost, long duration energy storage systems. Commonwealth Fusion is a company that develops energy through inexhaustible power plant.
Eni Next is based in Boston, Massachusetts to be close to MIT, where Eni has a longstanding partnership since 2008 when Eni spent $50 million to become a founding member of the MIT Energy Initiative.