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Fund profile

Evonik Venture Capital

Evonik Venture Capital

Germany

Leading

About

Evonik Venture Capital, the corporate venture arm of Evonik Industries, manages a fund size of €400 million and has made over 50 investments since 2012. The firm strategically invests in innovative startups across various growth fields such as Nutrition & Care, Smart Materials, Specialty Additives, and Digitalization, with a strong focus on sustainability and carbon neutrality technologies​. Evonik's portfolio includes startups like Interface Polymers, which develops additives for easier recycling of plastics, and SuperC, a leader in graphene materials for improving lithium-ion batteries. Other notable investments are Allay Therapeutics, which has developed a post-surgery pain relief implant, and Citrine Informatics, an AI-driven platform for materials and chemicals development​. The venture capital unit emphasizes early to growth-stage investments, with typical investment volumes of up to €15 million per portfolio company. They aim to be an active partner, providing strategic, technical, and commercial support, and leveraging their extensive network for the growth of their portfolio companies. Evonik Venture Capital operates globally with offices in Germany, the USA, and China, making them well-positioned to support innovative startups in key regions worldwide.

Details

Round

Series A
Series B
Series C+
Venture Round

Previous Investments

Agritech & Farming
B2B
Biotech
CleanTech & Sustainability
Consumer Goods & Electronics
Data & Analytics
E-commerce & Retail
Hardware. Robotics & IoT
Healthtech & Wellness
Lifestyle
Natural Resources
Pharma
Social media
Software & Apps
Sports & Fitness

Geo focus

Europe
East Asia
USA
Canada

Highlights

$6M

Historical average check

$38M

Historical max check

September 2024

Last investment date

35

Investments

Hardware. Robotics & IoT

E-commerce & Retail

Healthtech & Wellness

Biotech

Software & Apps

Pharma

Natural Resources

CleanTech & Sustainability

Other

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Website

venturing.evonik.com

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