ORLEN VC
ul. Chemików 7, Płock, Mazowieckie, 09-411, Poland
Overview
The ORLEN VC corporate fund's strategic objective is to acquire breakthrough technologies and solutions, deploy them in the Group's core businesses, and do so while ensuring favorable rates of return.
- Total investments
- 5
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 2
Investment portfolio
- OXCCU
Participated · Series B · Sep 2025
Founded in 2021, OXCCU is developing proprietary catalysts and reactor designs that directly hydrogenate CO₂ to create hydrocarbon syncrude branded as OXFUEL, which can be refined into jet-fuel-grade SAF. Its single-step, iron-based Fischer-Tropsch process eliminates the RWGS stage and reduces hydrogen demand, promising lower capital and operating costs than competing e-fuel pathways. The company operates from Begbroke Science Park and London Oxford Airport, where its OX1 demonstration plant was validated in 2024. OXCCU is positioning OXFUEL to help the UK meet its target of 10% SAF in jet fuel by 2030 and is now researching how its fuel can limit non-CO₂ warming effects such as soot-induced contrail formation. Financially, the start-up secured €20.6 million of initial funding in June 2023, followed by a €23.7 million round in September 2025, and most recently obtained a €2 million grant from the ATI Non-CO₂ Programme. These funds support technology scale-up, commercial deployment and climate-impact validation, underscoring OXCCU’s emergence as a leading UK climate-tech innovator.
- Particula
Participated · Series B · Jan 2024
Particula is a Munich-based provider of AI-driven risk intelligence for digital assets. It provides automated risk ratings that analyze issuer credibility, asset backing, regulatory compliance and smart contract security. By offering independent, data-driven insights the company serves financial institutions, issuers and trading facilities. Particula raised $5.5M in funding and intends to use the proceeds to expand operations and its business reach. The round underscores the company's role as a driver in digital finance. The company is led by CEO Timm Reinsdorf. Heimdall Power offers a comprehensive solution for real-time, data-driven decision-making for the operations and planning of high-voltage power lines. The company develops intelligent multi-vector sensors, called Neurons, that measure conductor temperature, current, angle, and vibrations on overhead power lines. These sensor readings and analytics are presented through a user-friendly web-based software solution. Heimdall Power raised $25 million in a Series B financing. Investors in the round include international energy company ORLEN VC, Nordic cleantech fund NRP Zero AS, and the Steinsvik Family Office. Existing shareholders including Investinor, Eviny, Hafslund, Lyse, and Sarsia are also listed among participants.
- CTHINGS.CO
Participated · Equity · Oct 2023
Founded in 2020, CTHINGS.CO builds the Orchestra platform to help enterprises remotely manage, monitor, automate, and secure distributed IoT and edge infrastructure. Its offering targets customers and integrators in logistics, energy, Industry 4.0, smart critical infrastructure, and telecom operators, with partners including ASUS IoT, Deutsche Telekom, and Wirepas. The company operates a hybrid hardware-plus-SaaS business model and reported a 17x year-over-year revenue increase. Team size is reported at 11–50 employees, and it has secured early flagship customers in North America. CTHINGS.CO has participated in industry events and pilots such as the Data Center World Innovation Challenge and a Wirepas NR+ interoperability deployment at Mobile World Congress. The company plans to use recent funding to expand sales and partnerships in North America and further develop its Orchestra platform.
- Apeiron Synthesis
Participated · Equity · Dec 2022
Apeiron Synthesis produces a ruthenium-based catalyst powder for olefin-based metathesis reactions, developed from research following a Nobel Prize discovery. The company has set up production lines and says the powder currently costs up to €70,000 to produce. Apeiron reports its catalyst reduces process phases from 20 to 16 and can lower clients' production costs by about 20%, equating to roughly €20 million in annual savings for customers. A leading Polish corporate, PKN Orlen, has agreed to deploy the technology in its petrochemicals division, providing an early commercial partner. The research team was mentored by professor Karol Grela at the Polish Academy of Sciences. Apeiron aims to secure a niche in metathesis catalysts alongside existing suppliers as global demand grows.
- Invert Robotics
Led · Equity · Oct 2022
Invert Robotics develops robotic inspection solutions and operates an inspection services business alongside a robot product sales division. The company announced a second close of an investment round that adds €2.5m and brings total funding to €25m. The new capital will support growth of a Dublin-based research and development centre and expansion of its robot product sales division. The product sales division is intended to make Invert's technology available to traditional inspection services companies and large global clients with internal maintenance and inspection teams. The announcement was shared on LinkedIn with a link to coverage in The Irish Times. No operating metrics were disclosed in the announcement. Invert Robotics develops robotic inspection technologies and an artificial intelligence platform to inspect high-value industrial assets in hazardous, hard-to-reach, or toxic environments. The company serves customers across food production, aerospace, pharmaceutical, chemical and energy sectors. It plans to use new capital to accelerate growth by developing further innovations and expanding into new sectors and industries. The funding specifically supports continued R&D and deeper collaboration with strategic partners in energy and chemicals. Headquartered in Dublin, Ireland, Invert Robotics positions its technology as a safer, more precise and efficient alternative to existing inspection methods. The company intends to trial its latest technologies across large energy and chemical operations as part of planned commercial expansion. Invert Robotics builds commercial inspection robots that climb walls using suction cups on treads and a special chemical to reduce friction and maintain a sliding vacuum seal. Managing director Neil Fletcher explained the design uses a plunger-like seal balanced with controlled air leakage to allow movement while keeping adhesion. The machines target hazardous inspection work in food, chemical and aviation industries where automation can improve safety and reduce shutdown time. Invert is already working with customers including Dow Chemical and BASF to assess processing assets. Investors like Finistere Ventures highlighted applications across the global food supply chain, while Yamaha's Silicon Valley arm invested as part of a strategic robotics push. The company recently raised $8.8M in new financing to support commercialization and global market expansion.