Dow Venture Capital

We help implement unique ideas in cooperation with a modern and competitive chemical holding company operating on a global scale. Why Ciech VenturesReputable investor: Modern chemical holding company, with 9 production plants and over 3,000 employees in several countries Flexibility: Operations conducted by the Ciech Group's internal team - short decision-making path Investments and cooperations: Direct investments (EUR 0.5-2m preferred), business partnerships, pilots

Chemovator is the business incubator of BASF and supports venture teams to turn great business proposals into scalable and investable business opportunities. We leverage the unique connection to BASF knowledge and domain expertise, ambitious founders, industry partners, universities, investors, and the entrepreneurship ecosystem to create deep tech opportunities that truly matter for our industry. Chemovator-Elevate We invest in your team and take you from pre-seed to the next level. Find out what we are looking for and how to apply. Chemovator-Evolve We support you in developing from corporate employee to founder. Are you a BASF employee interested in entrepreneurship with or without a business idea? Find out how to join here.

We focus on entrepreneurs building a sustainable future in materials, infrastructure, environmental solutions and industrial systems. Investment characteristics:Alignment with The Heritage Group capabilities Early to growth stage US and beyond Lead or Follow Our advantage. We leverage the expertise, assets and relationships of The Heritage Group to help entrepreneurs execute their visions. We understand founder needs. And because we do, we’re dedicated to your vision and success. More than just a team of investors, we’re believers in the potential of your company. This commitment is based on a deep expertise of the industry and a rich history of innovation and entrepreneurship. What is The Heritage Group? Since its founding from humble beginnings in 1930, The Heritage Group has been building innovative companies to turn big challenges into bigger opportunities. Today it is a fourth generation family-owned business managing a diverse portfolio of companies specializing in heavy construction and materials, environmental services, and specialty chemicals. The Heritage Group is proud to invest in the communities where it operates, leverage deep technical expertise and resources to create positive environmental and social change, and build lasting businesses by investing in employees and their families.

We partner early with unstoppable entrepreneurs leveraging breakthrough science and technology to pursue progress at scale. Everything we do revolves around a single problem: What are the best ways to reconcile economic growth with human and planetary health? We invest in teams and solutions that address multi-decade problems that humanity has no choice but to solve. Our focusing questionsHow can we decouple improving living standards from resource depletion? How can we ensure food, energy and materials supply security when confronted by deglobalization, multipolarity and the distractions of the attention economy? How can we improve life on Earth and unlock future economic growth potential by leveraging next-generation computing and exploring outer space? How can the clean industrialization of biological processes reduce humanity’s impact on our planet? How we invest in unstoppable founders We look to problems and unmet needs first and then to which technologies and solutions have the potential to address those problems effectively. We don’t push any one type of technology or limit ourselves to one field. We look for founders and companies at the pre-seed and seed stages leveraging the three basic disciplines (physics, chemistry, biology) to engineer economically viable solutions. We look for teams that are uniquely suited to address the opportunity and its inherent challenges and for solutions that are radically better, technically viable, and defensible. Some of the areas we are keen to continue exploring include clean commodities, space technology, industrial decarbonization, electro- and green chemistry, next-generation computing, new materials & production methods. How we partner for the long-term Starlight is a Pre-Seed and Seed investor and ideally the first institutional check into your company. Having been in your shoes as founders and scientists ourselves, we will serve as an ally in the journey ahead. Here’s what you can expect from working with us: We will lead or co-lead your first institutional round. We reserve capital for follow-on investment in later rounds, and we have to ability to partner with our LPs to augment our participation in future opportunities. We will be personally invested in your success, as a large portion of our fund comes from our own team. We will put a particular focus on ensuring that your roadmap is focused on the key risks and milestones unique to addressing the most pressing problems. We will work with you to establish rock-solid governance and operational practices that hold up to the scrutiny of the world’s best institutional investors. We will help you line up and credibly engage the right future investors for your business and trajectory. Let’s partner and make change happen.

Along with utilising the vast infrastructure and business resources of LOTTE Group, we leverage our expertise, experience and network to navigate the entrepreneurial journey of our portfolio companies. Our Values The foundation of our organization, shaping every decision we make and every investment we pursue. We are committed to upholding the highest standards of integrity, dedication, and agility. Integrity: We believe in conducting business with honesty, transparency, and respect for all parties. Our commitment extends to every aspect of work, from due diligence to portfolio management. Dedication: Using all our resources, we fully focus on assisting our portfolio companies to realize their full potential. We take pride in being part of their journey to success. Agility: Our team is highly responsive and adaptable, and we work closely with portfolio companies to ensure they have the support they need to succeed in rapidly changing market. What We Look ForGame changers with groundbreaking technologies Challengers engineering their business in the highly growing markets Open innovators creating values with social responsibilities Business models that can create synergies with LOTTE Group