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Covestro

Kaiser-Wilhelm-Allee 60, Leverkusen, Nordrhein-Westfalen, 51373, Germany

Overview

Manufacturer of sustainable polymer materials for various industries.

Founded

2015

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series B

Geographic focus

The Netherlands
United States

Sector focus

Advanced Materials
Industrial
Manufacturing

Investment portfolio

2rounds
NAMEDATESIZE
BioBTX
Jun 2024Participated
$81 MOther Equity
QC Ware
Sep 2021Led
$25 MSeries B
BioBTX
Jun 2024Participated
$81 MOther Equity
QC Ware
Sep 2021Led
$25 MSeries B
2
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Insights

Time horizon

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Deal Distribution

Covestro: 2 funding rounds are recorded in the selected participation categories.All available history.
Covestro: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series B10
Other Equity01

Monthly Deal Activity

Covestro: 2 deals are recorded across 62 months.All available history.
Covestro: 2 deals are recorded across 62 months. All available history
MonthDeals
Sep '211
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
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Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
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Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '240
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Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
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Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
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Jun '260
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Sep '260
Oct '260

Sector Breakdown

Covestro: Space & Frontier Tech is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Covestro: Space & Frontier Tech is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Space & Frontier Tech2
Hardware & Robotics1
Manufacturing1
Clean Energy & Sustainability1

Deal Size Distribution

Covestro: 2 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Covestro: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M0
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Covestro: Europe has the largest recorded deal count among the displayed regions (1 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Covestro: Europe has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
Europe1
United States1
Covestro: 13 co-investors are shown, with Carduso Capital sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Covestro: 13 co-investors are shown, with Carduso Capital sharing 1 recorded deals. All available history
Co-investorShared deals
Carduso Capital1
Citi1
D. E. Shaw Ventures1
Dutch Government1
Groninger Groeifonds1
Infinity Recycling1
Invest-NL1
Koch Disruptive Technologies1
NOM1
Pegasus Tech Ventures1
Polestar Capital1
Province of Groningen1
Samsung Ventures1

Investment Strategy

Covestro: Led accounts for 50% and participating for 50% of round participation.All available history.
Covestro: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led150%
Participating150%
Covestro: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Covestro: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Christian Baier

CFO

Georges Pons

Head of HR Process Excellence

Iveta Kozlickova

Head of Center of Supply Chain Expertise

Markus Steilemann

Chairman of the Board of Management, Chief Executive Officer

Michael Bernhardt

Head of Human Resources

Ralf Pillep

Head of Portfolio Management Order and Global Process Owner Order Processes

Thomas Toepfer

Chief Financial Officer

Ulrike Lützow

Market Development, Healthcare