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Key people at ORLEN VC.
ORLEN VC operates as a corporate venture capital fund, strategically integrated within the ORLEN Group, a prominent multi-utility enterprise in Central and Eastern Europe. The fund is dedicated to investing in innovative technology startups and global venture capital funds, primarily targeting solutions that possess market-ready technology. Its core objective involves accessing and deploying new technological advancements across the ORLEN Group’s primary and related business segments, thereby enhancing operational capabilities and fostering innovation.
Established as a direct initiative of the ORLEN Group, ORLEN VC was founded on the insight that external innovation is crucial for sustaining leadership and adapting to evolving industry landscapes. The fund was created to systematically identify and integrate promising technologies from the startup ecosystem into the extensive operations of the parent company. This corporate venture model aims to bridge the gap between emerging technological breakthroughs and the Group's industrial scale.
ORLEN VC's portfolio companies are technology startups, mainly from Europe and the USA, that offer solutions pertinent to the energy transition, new mobility, and circular economy. The fund builds long-term business relationships with these entities, seeking to accelerate their development and facilitate the adoption of their technologies within the ORLEN Group. Its forward-looking vision centers on securing access to a continuous stream of innovative solutions that support the Group's strategic diversification and sustainability goals.
Key people at ORLEN VC.
ORLEN VC has 1 tracked investment across 1 company. The latest tracked deal is $25.0M Series B in Particula in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 26, 2024 | Particula | $25.0M Series B | — | Eviny, Hafslund, Investinor, Lyse, NRP Zero, Sarsia, Steinsvik Family Office |