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ORLEN VC

The fund’s mission is to support and develop new technologies with potential to give a boost to PKN ORLEN’s existing business or help create new products and services for its customers.

Goal

The strategic goal of the ORLEN VC corporate fund is to gain access to new solutions and technologies and to deploy them in the Group’s core and related businesses while maintaining positive rates of return.

How we invest

ORLEN VC supports technology companies at early stages of growth or expansion (excluding pre-seed and seed), engaged in developing cutting-edge products or services fitting in with the #ORLEN2030 strategy. It will allocate to this purpose more than half a billion PLN entirely out of the ORLEN Group’s own funds.

Where we invest

ORLEN VC is looking for projects mainly in Poland, but also in Europe and Israel.

Areas of interest

ORLEN VC is interested in supporting projects relevant to sectors such as:

  • petrochemicals (advanced materials),
  • power generation (renewables, energy transition, efficiency, digitisation, storage),
  • circular economy (recycling, waste management),
  • modern retail business (automation of procurement and digitisation of sales and logistics),
  • 2nd generation biofuels,
  • new mobility,
  • digitisation (software, IOT).

As well as other solutions fitting in with the #ORLEN2030 strategy.

Inwestycje.ovc@orlen.pl

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