Venture Capital

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Solvay Ventures

Solvay SA established its venture activities to back technologies adjacent to its chemicals and materials operations. Matthew Jones serves as Managing Partner...

Solvay Ventures logo

Solvay Ventures

Solvay SA established its venture activities to back technologies adjacent to its chemicals and materials operations. Matthew Jones serves as Managing Partner with Coppelia Marincovic as Partner. The portfolio spans early-stage and growth investments in battery materials, water treatment, and sustainable manufacturing. Confirmed holdings include Sepion Technologies, Tiamat, Enerpoly, Solidia Technologies, Forge Nano, ZwitterCo, DMC Biotechnologies, Zeda, Tau Group, Invizius, and Cyclic Materials. Geographic reach covers the United States, France, Sweden, Italy, the United Kingdom, and Canada. The unit also commits as limited partner to Sofinnova Partners, Richland Capital, and the European Circular Bioeconomy Fund. Additional offices operate in New York and Shanghai. Solvay Ventures maintains membership in the Cleantech Group and the Belgian Venture Capital & Private Equity Association. In March 2024 the unit sponsored the Hello Tomorrow Global Summit in Paris. Solvay SA spun off its specialty materials business into Syensqo in 2023, with Syensqo Ventures now overseeing the majority of the prior portfolio.

General information

Firm type

Venture Capital

Year founded

1863

AUM

Undisclosed

Location

Region

Europe

Country

Belgium

City

Brussels

Corporate office

Rue de Ransbeek, 310, 1120 Brussels, Belgium

Additional offices

New York, NY, USA · Shanghai, China

Principals

Matthew Jones

Managing Partner

Coppelia Marincovic

Partner

Sector focus

ChemicalsEnergy Transition & RenewablesSustainable MaterialsBiotechnology

Frequently asked questions

Who runs investment decisions at Solvay Ventures?

Matthew Jones serves as Managing Partner. Coppelia Marincovic holds the Partner title.

Does Solvay Ventures participate in fund commitments or only direct deals?

The unit acts as limited partner in three external funds while maintaining direct minority ownership in twelve startups.

What investment stages does Solvay Ventures typically target?

Activity centers on early-stage seed and start-up rounds plus select growth investments.

Which sectors does Solvay Ventures focus on?

Primary areas include energy storage, sustainable materials, biotechnology, and water treatment.

How is Solvay Ventures related to Syensqo?

Syensqo was spun out of Solvay SA in 2023 and now manages the majority of the venture portfolio under Syensqo Ventures.

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