The Saudi Arabian diversified manufacturing and chemicals company has launched a Europe-based corporate venturing arm, to be known as SABIC Ventures.
Saudi Arabia-based manufacturing and chemical firm The Saudi Basic Industries Corporation (SABIC) launched a corporate venturing unit, to be known as SABIC Ventures, yesterday. SABIC Ventures will be based in the Netherlands where its parent company’s European headquarters are located.
SABIC Ventures will looks to invest in startups focused around advanced materials and composites, biomass for chemicals and materials, and alternative energy and clean technology, based in Europe, Asia and the US.
As well as investing across the Seed, early…
