SABIC, or Saudi Basic Industries Corporation, is a leading diversified manufacturing company based in Saudi Arabia, primarily engaged in the production of chemicals, intermediates, industrial polymers, fertilizers, and metals. As the largest public company in the country and a significant player in the Middle East, SABIC is predominantly owned by the Saudi government, which holds 70% of its shares. The company ranks as the second largest global producer of ethylene glycol and is notable for its substantial production of various chemicals and materials, including mono-ethylene glycol, MTBE, granular urea, and polycarbonate. SABIC operates through several key segments, including Petrochemicals and Specialties, Agri-nutrients, and Hadeed, with the Petrochemicals segment generating the majority of its revenue. Over the years, SABIC has consistently ranked among the world's largest corporations, reflecting its significant sales revenues and assets. With a strong focus on innovation and sustainability, SABIC aims to expand its global footprint and enhance its production capabilities across various sectors.
Vaulta is an Australian company specializing in innovative battery casing technology aimed at transforming energy solutions. Its unique casing design, made from advanced composite materials, features a thinner profile that is both electrically and thermally conductive. This design significantly reduces the number of components needed to house batteries, allowing for lighter and more efficient battery packs. By streamlining installation, maintenance, and recycling processes, Vaulta provides electric vehicle manufacturers with substantial savings in cost, weight, and space, ultimately enhancing overall vehicle efficiency.
Novocycle
Seed Round in 2024
Novocycle Technologies is a pioneering company focused on enhancing sustainability in the lithium-ion battery market through its patented NovoRec Process. This innovative recycling method allows for the recovery of reusable active materials without the need for shredding or crushing, thereby avoiding the creation of black mass. Novocycle achieves a remarkable recovery efficiency of 96% of solid materials from batteries, exceeding the upcoming targets set by EU Battery Regulations for recycling efficiency and recycled content. The company's approach combines decentralized micro facilities with a revenue-sharing model for feedstock providers, making it economically viable. In addition to recycling, Novocycle is also involved in the research and development of environmentally friendly battery technologies, including second-use applications and the production of recycling-friendly battery packs.
Rondo Energy
Series B in 2023
Rondo Energy is a company focused on providing zero-carbon industrial heat solutions. Its innovative Rondo Heat Battery captures low-cost renewable electricity and converts it into continuous high-temperature heat, allowing industrial processes to operate with reduced energy costs and eliminated emissions. By enabling clients to transition to renewable energy sources, Rondo Energy supports the decarbonization of industrial operations, contributing to a more sustainable future.
Novocycle
Seed Round in 2023
Novocycle Technologies is a pioneering company focused on enhancing sustainability in the lithium-ion battery market through its patented NovoRec Process. This innovative recycling method allows for the recovery of reusable active materials without the need for shredding or crushing, thereby avoiding the creation of black mass. Novocycle achieves a remarkable recovery efficiency of 96% of solid materials from batteries, exceeding the upcoming targets set by EU Battery Regulations for recycling efficiency and recycled content. The company's approach combines decentralized micro facilities with a revenue-sharing model for feedstock providers, making it economically viable. In addition to recycling, Novocycle is also involved in the research and development of environmentally friendly battery technologies, including second-use applications and the production of recycling-friendly battery packs.
BiOWiSH Technologies
Venture Round in 2022
BiOWiSH Technologies Inc. specializes in developing, manufacturing, and distributing biotechnology solutions aimed at enhancing environmental management and agricultural practices. Founded in 2007 and headquartered in Cincinnati, Ohio, the company offers a range of products tailored for wastewater treatment, waste management, soil and water remediation, and agricultural applications. BiOWiSH's formulations are based on proprietary non-GMO organisms and their metabolites, designed to improve nutrient management and efficiency in various industries, including agriculture, aquaculture, and industrial cleaning. Their stable microbial products are engineered to perform reliably across diverse conditions, making them effective change agents in promoting sustainable practices in environmental and agricultural sectors.
Carbon Mobile
Convertible Note in 2022
Carbon Mobile is a technology company focused on revolutionizing connected devices through the use of sustainable polymer-based composite materials, replacing traditional metals. The company has developed unique intellectual property that addresses long-standing electrical and antenna incompatibility issues related to carbon fiber, facilitating seamless integration into electronics. This innovative approach not only enhances sustainability but also enables the creation of designs that significantly reduce carbon footprints and electronic waste. By offering a capital-light process, Carbon Mobile allows consumers to purchase stylish mobile phones while promoting environmental responsibility. The effectiveness of Carbon Mobile's solutions has already been validated through collaborations with leading original equipment manufacturer (OEM) brands in the industry.
Azumo
Venture Round in 2022
Azumo front light is here to light the way to the new era of high efficiency, durable displays that don’t fight the environment but work in tandem with it. The time has come for all of us to reflect on what displays can do for devices.
Novocycle
Pre Seed Round in 2022
Novocycle Technologies is a pioneering company focused on enhancing sustainability in the lithium-ion battery market through its patented NovoRec Process. This innovative recycling method allows for the recovery of reusable active materials without the need for shredding or crushing, thereby avoiding the creation of black mass. Novocycle achieves a remarkable recovery efficiency of 96% of solid materials from batteries, exceeding the upcoming targets set by EU Battery Regulations for recycling efficiency and recycled content. The company's approach combines decentralized micro facilities with a revenue-sharing model for feedstock providers, making it economically viable. In addition to recycling, Novocycle is also involved in the research and development of environmentally friendly battery technologies, including second-use applications and the production of recycling-friendly battery packs.
Qpinch
Series B in 2021
Qpinch is a company focused on transforming wasted industrial heat into valuable process heat, thereby generating carbon-neutral steam and reducing energy costs for various industries. By utilizing an innovative chemical heat transformer, Qpinch helps businesses optimize their existing industrial assets, leading to immediate energy savings while minimizing their environmental impact. The company's technology allows clients to effectively repurpose waste heat, contributing to a more sustainable energy landscape and enhancing operational efficiency.
VOID Technologies
Venture Round in 2020
VOID Technologies Limited is a materials science company that specializes in the manufacture and supply of VO+ additive masterbatches, primarily for film manufacturers. Established in 2014 and headquartered in London, UK, with a manufacturing facility in Neenah, Wisconsin, the company focuses on incorporating plastic reduction techniques into various applications. Its innovative technology engineers a nano-voided structure within commodity and biopolymers, resulting in lighter and more sustainable products. This advancement allows packaging manufacturers and consumer goods companies to create films suitable for a wide range of uses, including packaging, industrial, agricultural, and medical applications. VOID Technologies operates as a subsidiary of Kimberly-Clark Corporation, emphasizing its commitment to sustainability and innovation in the materials sector.
Mallinda
Corporate Round in 2019
Mallinda LLC, based in Aurora, Colorado, specializes in the development and supply of innovative composite materials, specifically its Pliashell technology. This platform features intrinsically recyclable and malleable self-healing polymers designed for the advanced composites industry. Pliashell represents a new class of thermoset polymers that allows for the production of lightweight, strong, remoldable, and recyclable composite materials. By enabling molding at relatively low temperatures and eliminating the need for a curing step, Mallinda significantly reduces manufacturing cycle times, facilitating high-volume production of composite parts. This technology not only enhances efficiency in sectors such as automotive and aerospace but also contributes to the circular economy, allowing clients to lower vehicle weight and improve overall performance.
Black Diamond Structures
Acquisition in 2019
Black Diamond Structures is a developer and manufacturer of innovative nanomaterial products and solutions to improve the world we live in. Our products utilize a proprietary technology, MOLECULAR REBAR®, which produces individual, high aspect ratio, clean, functionalized, and open-ended multi-wall carbon nanotubes. Black Diamond Structures: formed in December 2014 as a joint venture between Molecular Rebar Design, a leading nanomaterial innovator, and SABIC, based in Saudi Arabia it is ranked among the world’s largest petrochemical manufacturers. We’re just getting started, but we’ve got the experience and infrastructure in place to create an immediate impact.
Azumo
Series B in 2018
Azumo front light is here to light the way to the new era of high efficiency, durable displays that don’t fight the environment but work in tandem with it. The time has come for all of us to reflect on what displays can do for devices.
Boston Materials
Seed Round in 2018
Boston Materials, Inc. is a manufacturer of advanced composite materials based in Bedford, Massachusetts, founded in 2016. The company specializes in producing 3D reinforced carbon fiber pre-pregs and offers a patented Z-axis Fiber technology that incorporates vertically aligned carbon fibers. This innovative approach enhances the thermal, electrical, and mechanical properties of materials, making them suitable for various high-growth industries, including semiconductors, aerospace, automotive, and renewable energy. Boston Materials' products are designed to improve performance, efficiency, and reliability while addressing challenges related to durability and weight reduction. The company employs a roll-to-roll manufacturing process with in-line quality control, achieving an annual production capacity of one million square meters.
MTPV
Series C in 2018
MTPV Power Corporation is a clean energy company that focuses on innovations in Micron-gap ThermalPhotoVoltaics technology (MTPV). MTPV technology began development at MIT and Draper Laboratory before moving to the labs of MTPV Power Corporation. It was founded in 2003 and headquartered in Austin, Texas.
Clariant International
Post in 2018
Clariant International is a Switzerland-based specialty chemicals company with a global presence. The company operates in three main business areas: care chemicals, absorbents and additives, and catalysts. Care chemicals focus on consumer markets, including personal care and home care products, while also addressing industrial needs. The absorbents and additives segment includes offerings related to coatings, adhesives, and plastics. Clariant's catalysts division manufactures process catalysts primarily for petrochemical and syngas plants. The company's diverse product range serves various sectors, such as agriculture, automotive, and aviation, highlighting its commitment to providing specialized solutions across multiple industries.
Airborne Technology
Series C in 2017
Airborne International is engaged in engineering, manufacturing, and supplying high-end composites structures for industries such as aerospace, defense, marine, high-end bicycles, and formula-one cars. It offers composites structures maintenance and repair services, including inspection and damage assessment, sealing and painting, and balancing. The company was founded in 1995 and is based in The Hague, the Netherlands.
MTPV
Series B in 2014
MTPV Power Corporation is a clean energy company that focuses on innovations in Micron-gap ThermalPhotoVoltaics technology (MTPV). MTPV technology began development at MIT and Draper Laboratory before moving to the labs of MTPV Power Corporation. It was founded in 2003 and headquartered in Austin, Texas.
FibeRio Technology
Series C in 2013
FibeRio Technology Corporation specializes in the development of nanofiber production systems, offering innovative technology that enables manufacturers to produce nanofibers at a commercial scale. The company employs an environmentally sensitive process that utilizes polymers, ensuring both quality and efficiency. FibeRio is committed to meeting the growing market demands for nanofibers by providing advanced equipment and processes. Through its Forcespinning technology, the company is rapidly advancing its manufacturing capabilities, delivering high-quality and cost-effective solutions to its customers.
Segetis
Series C in 2012
Segetis, Inc. is a green chemistry company based in Golden Valley, Minnesota, specializing in the development, production, and commercialization of renewable polymers. Founded in 2006, Segetis focuses on a platform of binary monomers derived from renewable feedstocks, including non-food agricultural and forestry materials. The company's innovative technology supports the production of a range of industrial bioproducts such as bio-plastics, surfactants, plasticizers, adhesives, and coalescent solvents, catering to specialty chemical applications. Segetis's chemistries create opportunities for product enablement and synergies across various industries, including those involved in the processing of starch, sugar crops, wood, cellulose, and paper pulp, as well as the chemical processing of vegetable oils and the manufacturing of biodiesel and linear alpha-olefins.
Vitriflex
Series B in 2012
Vitriflex, Inc. was established in 2010 and is based in California. The company specializes in the development and manufacturing of transparent ultra-barrier films that provide protection against moisture and oxygen. These films are utilized in various applications, including OLED displays, solar panels, OLED lighting, flexible electronics, and quantum dot-enhanced LCDs. Vitriflex's innovative encapsulation technology enhances the performance and longevity of these products, particularly in the renewable energy sector. However, on November 8, 2019, Vitriflex filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the Northern District of California.
GE Plastics
Acquisition in 2007
GE Plastics was the branch of General Electric who manufactured plastics, and was part of the GE Industrial division. GE Plastics in 1971 a branch in Bergen op Zoom established. Initially this was a joint venture with Akzo , and later this joint venture was dissolved and the company continued as GE Plastics. There were eleven factories located on the site and the number of employees grew to 1500. Here were include Lexan pellets produced. This relates to polycarbonate , which is used among other things as replacement for break-resistant glass window and in CD's. In addition, Noryl ( polyphenylene oxide , a so-called 'engineering plastic') and BPA (bisphenol-A, a raw material for epoxy resins and polycarbonate ) produced. As a raw material is, inter alia, chlorine is used, that at the location is obtained by membrane electrolysis of common salt . Since salt water as a waste product released is the location on a salt surface is required. Annual production in 1990 was about 46 kt and 51 kt chlorine caustic soda . The complex is in 2007 taken over by the Saudi company SABIC , after General Electric found that it was too little profit. It also includes the headquarters of the division: Sabic Innovative Plastics , as well as a distribution center.
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