Sabic Launches Venture Capital Arm to Invest in New Businesses

Sabic has announced the launch of a new global corporate venture capital arm, Sabic Ventures, in the Netherlands, whose primary goal is to seek out innovative technologies and businesses. Sabic Ventures aims to build up a portfolio of technology options for the company’s future businesses. It will do this by investing directly both in seed stage, early stage and late stage companies. The new organization will both lead investment, co-lead and invest alongside venture capitalists.   Mohamed H. Al Mady, Sabic’s CEO says Sabic Ventures has been...

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