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Key people at Chemovator.
Chemovator operates as BASF's dedicated business incubator and early-stage investor, cultivating commercial ventures from unconventional deep-tech ideas within the chemical and related industries. It provides a protected environment for teams to develop, validate, and launch nascent business models. This platform offers structured support, transforming innovative concepts into investable enterprises for future industrial demands.
Established by BASF, Chemovator originated from a strategic vision to foster new business creation and explore growth beyond traditional corporate structures. Initially for internal BASF employees, the mandate expanded to external startups. This evolution reflects a commitment to de-risk promising ventures, providing essential resources for market readiness.
Chemovator supports internal BASF innovators and external deep-tech entrepreneurs. Its mission is to shape the future of the chemical and allied industries by converting impactful deep-tech breakthroughs into sustainable, independent companies. It delivers thoroughly vetted, investable business models for significant market impact.
Key people at Chemovator.
Chemovator has 1 tracked investment across 1 company. The latest tracked deal is $3.7M Seed in faCellitate in September 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 7, 2022 | faCellitate | $3.7M Seed | Angelika Vlachou, Timo Schretzmair | Arve Capital, R3 Consulting, ROI Verwaltungsgesellschaft |