Petronas Ventures
About Petronas Ventures
Petronas Ventures is the corporate venture capital arm of Petronas, focusing on investments in innovative and sustainable energy solutions worldwide. Their mission is to accelerate the search for high-quality tech investment opportunities globally, while remaining focused on their investment sweet spot. They aim to drive greater access to breakthrough technologies and better position the group for future growth through business acceleration of technology adoption. Their strategic value-driven approach involves innovating with purpose to drive greater access to breakthrough technologies and better position the group for future growth through business acceleration of technology adoption. They are committed to shaping a future where innovation thrives, not just as a tool for advancing business goals, but as a force that enriches lives, empowers communities, and accelerates the Petronas Energy Transition Strategy. Petronas Ventures has a track record of engaging in various initiatives, including the FutureTech Accelerator Programme, which aims to scale the next generation of technology startups for industries of tomorrow. They have welcomed global startups to their corporate accelerator programme and have collaborated with other companies to accelerate innovation. Their commitment to innovation is evident in their support for entrepreneurial employees through the PETRONAS Innovation Garage (PING), which provides a clear path for employees to turn their innovative ideas into thriving businesses.
Investment Mandate
Investment Stages2
Asset Classes1
Geographical Focus
African markets2
Other stated markets18
Requirements
Innovative and sustainable energy solutions, Alignment with Petronas' Energy Transition Strategy, Potential for global impact, Technological advancement, Scalability, Strong management team, Clear business model, Market demand, Competitive advantage, Sustainable growth potential
Stated Portfolio2
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