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BASF Startup Programs & Corporate Open Innovation Analysis Hardware & IoT · Manufacturing

BASF operates as a chemical company. The company conducts its operations through business segments that includes chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. The company offers products for customers in the chemical, electronic, construction, textile, automotive, pharmaceutical, and agricultural industries and provides other BASF segments with chemicals for production. Its portfolio ranges from basic chemicals, glues, and electronic chemicals for the semiconductor and flat panel display industry, to solvents and plasticizers, as well as starting materials for detergents, plastics, textile fibers, paints, coatings, and pharmaceuticals. The Chemicals segment consists of the Inorganics, Petrochemicals, and Intermediates divisions.
basf.com Ludwigshafen, Germany Founded Available with StartupBlink Pro

In StartupBlink's Corporate Startup Activity Index, BASF ranks #91 globally and #8 in Germany. It ranks #24 in the Hardware & IoT industry and #3 in the Manufacturing subindustry.

Global
Corporate Startup Activity Index
#91
Industry
Hardware & IoT
#24
Subindustry
Manufacturing
#3
National · Germany
Corporate Startup Activity Index
#8
More Ranked Corporates
Key metrics

BASF Startup Activity Metrics

BASF has supported 64 startups through programs and investments, with those companies raising a combined $2.9 billion over the last ten years. The company currently operates 4 active startup programs.

Overview

Explore BASF's investments, startup programs, and corporate open innovation activity

BASF has deployed more than $445 million in startup investments through BASF Venture Capital and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 4 active startup programs supporting 64 startups worldwide across industries such as Energy & Environment, Fintech, Foodtech, and Hardware & IoT. Its venture arm BASF Venture Capital has invested in over 63 startups since it was founded in 2001.

The corporate-innovation activity is concentrated in Hardware & IoT, Energy & Environment, and Software & Data, categories where BASF's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where BASF-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with BASF. Unlock the full breakdown with StartupBlink Pro.

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Programs & CVC

BASF Startup Programs and Corporate Venture Capital initiatives

BASF engages startups through 4 active programs, supporting 64 startups in total based on our database.

B—
BASF — Corporate Self
Corporate Venture / Investment
Investment Program
4 startups
BA
BASF AgroStart
Startup Activation · est. 2016
Startup Activation Program
BASF Agricultural Solutions' always-open partnering platform for digital-agriculture startups, offering mentorship, market access and exploratory capital.
BO
BASF open innovation challenges (Halo marketplace)
Startup Activation · est. 2023
Startup Activation Program
BASF posts open innovation challenges to Halo, an external open-access marketplace connecting it to scientists and startups; pilot signed 2023 and renewed for two more years.
BASF Venture Capital
BASF Venture Capital
Corporate Venture / Investment · est. 2001
Investment Program
BASF Venture Capital is the corporate venture capital arm of BASF Group. They invest worldwide in promising young enterprises relevant to BASF’s current and future business fields and also in
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List of Startups

Top startups associated with BASF

BASF's top 5 associated startups have raised 63% of the $2.9 billion raised in the last ten years across all 64 associated startups, led by Group14 Technologies at $1.2 billion. BASF is associated with 63 active startups and 1 exit. BASF Venture Capital supports the largest number of startups, with 63 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with BASF
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
Globalization PartnersGlobalization PartnersSB 504Software & DataBostonProgram InvestmentBASF Venture Capital
Group14 TechnologiesGroup14 TechnologiesSB 483Energy & EnvironmentWoodinvilleProgram InvestmentBASF Venture Capital
Aspen AerogelsAspen AerogelsSB 478Energy & EnvironmentNorthboroughProgram InvestmentBASF Venture Capital
Showing 3 of 64 startupsExport to CSV →Pro

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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. BASF ranks #91 globally and #8 in Germany. It accounts for 0.7% of the measured corporate startup activity in the Hardware & IoT industry and 4.1% of the activity generated by corporations in Germany. Unlock more granular data on each corporation with StartupBlink Pro.

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