As COVeC, our mission is to push entrepreneurial activities in and adjacent to our core business by investing into young companies with innovative products, solutions or business models. We are aiming to actively support our portfolio companies along our established core competencies and wherever we can add value to these young companies.
We are looking forward to engagements with start-ups and scale-ups that want to make the world a brighter place. Let’s push boundaries together!
We invest in and work with companies that are active in one of Covestro’s defined focus areas. We are willing to engage through:
Covestro may invest:
COVeC plays a key role in facilitating the success of Covestro’s innovation activities. We are looking for ideas that incorporate one or more of our defined technological focus areas:
Our co-operation will offer a range of benefits on both sides.
Contact our Corporate Venturing Capital Managers through startup@covestro.com for a first evaluation. If your start-up fits our investment strategy, we will elaborate a way forward together with you. In our mutual exchange, we determine the details of our business collaboration and the technical support you will receive from our business owner. Following signing of a term sheet, an investment due diligence will be performed. After successful signing of the investment contracts, we will start our active and continuous co-operation to generate mutual value-add.
Our COVeC team, led by Dietrich Firnhaber, is located at our headquarters in Leverkusen, Germany and manages our global venturing activities. Our team members can offer expertise and experience in various areas such as chemical technologies, strategy development, M&A, market intelligence and marketing. Their support ensures a successful co-operation in developing your start-up.
