Terms
- Announced
- 15 Dec 2025
- Instrument
- Equity
- Amount
- US$8.20mReported as EUR 7m, converted at 1.1712 USD/EUR (December 2025 average)
- Source
- cdpventurecapital.it
Parties
- Project developer
- Limenet S.r.l. Benefit Corporation
- Recipient type
- Technology company
- Country
- Italy
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis CDP Venture Capital Investor US$4.10m Estimated: an even share, 1 of 2 Fassa Bortolo Investor US$4.10m Estimated: an even share, 1 of 2
Carbon
- Pathway
- Ocean alkalinity / marine CDR
What happened
- CDP Venture Capital invested through its Green Transition Fund (PNRR) and Fondo Acceleratori. Takes cumulative equity to EUR 9.5m. A separate EUR 5m Fassa Bortolo partnership for an electric lime kiln is a programme commitment and is not this money.
Kumo note
- Limenet pairs state-backed recovery fund capital with a strategic investor that is also the incumbent supplier of the input material, so the industrial partner is buying into the decarbonisation of its own product line rather than backing a pure-play developer.
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