SABIC Ventures

Category:

Corporate Venture

Description:

SABIC Ventures is a wholly-owned subsidiary of SABIC that is focused on providing seed and early stage venture capital financing to innovative companies in the fund's sectors of interest on a global scale. The firm aims to invest in outstanding entrepreneurial teams who dare to challenge the status quo in their respective industries and who are seeking to build extraordinary businesses that can support SABIC's innovation and growth strategy. SABIC Ventures' seeks to invest and co-invest with a broad network of VC partners, angel investors or investment groups that specialize in its targeted investment markets and geographies. Through collaborative innovation, we can leverage SABIC's global footprint and turn our strategic insights into market impact. SABIC Ventures is looking to invest or co-invest with other funds in brand new start-ups through to companies that are generating revenues. SABIC Ventures' investment scope is cleantech. They have specific interest in the following three areas: (1) Functional polymers - advanced materials and composites, (2) Alternative energy - solar PV, solar PT and energy storage and (3) Alternative feedstocks - renewable feedstocks for high value added chemicals and materials including algae and CO2

Location:

Netherlands

Sittard