Eoliann, a climate tech start-up that uses satellite data and artificial intelligence to analyse climate risks, has announced that it has closed a €4.25 million investment round and has been awarded the special mention ‘ENI Joule for Entrepreneurship’ by the President of the Republic, Sergio Mattarella.
The new round is led by an international lead investor, Montage Ventures, with the participation of Italian investors and industrial partners including: CDP Venture Capital through the Evoluzione Fund and the Piemonte Next Fund subscribed by FinPiemonte; Terna Forward, Terna’s corporate venture capital arm; OpenEconomics, advisory on subsidised finance and socio-economic impact assessments; Primo Capital, already an investor in the company since 2022 through the Primo Space fund, also participated in this capital increase.
The new capital will be used to enhance Eoliann’s technology platform, extend climate risk coverage and accelerate international expansion. Thanks to the evolution of predictive risk models, Eoliann will offer infrastructure companies, financial institutions and public administrations advanced tools to anticipate and accurately manage the consequences of climate change.
“As strategic investors, we seek transformative solutions based on artificial intelligence to address complex challenges. In Eoliann, we have found a partner that is redefining how climate risk is measured and managed through risk modelling and concrete insights. Their technology enables businesses and communities to prepare for a safer and more resilient future,” said Todd Kimmel, managing partner at Montage Ventures, in a statement.
On 8 October 2025, at the Quirinale Palace, Eoliann received the special mention “Eni Joule for Entrepreneurship”, presented by the President of the Republic Sergio Mattarella, an award that places it among the three most innovative and sustainable businesses in Italy. The award is not only a recognition, but also reinforces Eoliann’s position in the market as a strategic resource for companies that want to tackle climate challenges and, consequently, for the competitiveness and prosperity of the country.
“The new round of investment and recognition from President Mattarella confirm that our technology is valuable not only for the market but also for the country. We are scaling up an Italian solution internationally that makes the impact of climate risks on networks and infrastructure measurable and manageable, building predictive tools to reduce disruptions to essential services and better target investments in resilience. It is a strong signal: technological innovation can and must be at the service of territorial security and climate transition,” says Roberto Carnicelli, co-founder and CEO of Eoliann (pictured with the team).
“Our platform combines satellite data and proprietary algorithms to generate accurate climate indicators that are always up to date and can be easily integrated into existing systems. The new funding accelerates the R&D roadmap on new physical hazards and use cases, with a particular focus on energy networks and large infrastructure,” adds Giovanni Luddeni, co-founder and CTO.
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