Welcome to Chemovator


Chemovator is your protected space to turn bold ideas around chemistry into thriving businesses.

We are the tool for BASF to test early stage business ideas to explore unconventional growth opportunities
We deliver de-risked and investable business plans for BASF to internalize or to form BASF spin-off companies
We have a startup mindset – fast, lean & customer focused

What do we offer our Venture Teams?

Protected space

Protected space

We ensure independence and autonomy from classical corporate structures and processes.

Learning organization

Learning organization

We embrace a culture of fail-fast and see mistakes as opportunities to learn.

Supporting structure

Supporting structure

Our operational support allows Venture Teams to fully focus on their business idea.

Commercial relevance

Commercial relevance

Our focus lies on business incubation driven by market and customer feedback.

Supporting structure

Professional coaching

Our experienced external founders and investors mentor and support our Venture Teams.

<p>Our operational support allows Venture Teams to fully focus on their business idea.</p><br />


We provide access to unconventional resources and external networks.

How do we work?


Our Venture Teams form the center of our attention

Venture Teams

Dedicated teams of 2-3 people

Max. 12 teams

Turn business ideas into scalable business models

Entrepreneurs in Residence

Act as coaches and mentors

Support Chemovator

Meet our EiRs
Chemovator Core Team

Run and develop Chemovator

Support the Venture Teams from behind the scene

Meet our Core Team

Chemovator Journey

Ideation, Exploration & Scouting
  • Chemovator Startup BootcampOptimal preparation for your business idea
  • Open-Mic @ ChemovatorGet to know Chemovator

Entry Pitch

Idea owners pitch their venture idea


Validation Phase

  • IdeaTest & refine initial assumptions
  • Early market feedback
  • Build & test prototype

End-of-validation Pitch

Venture Teams pitch their validated business idea and hand in and investment proposal with the use of proceeds of the planned investment


Incubation Phase (approx. 8-12 months)

  • Refine & validate assumptions
  • Write business case
  • Build team
  • Refine product / market test
  • Master the Entrepreneurship Program
  • Generate traction, scalability and revenue
  • Prepare exit

Investor Readiness Meeting (to trigger second tranche investment)

  • Check point for investor readiness
  • Kick-off fundraising process for future financing

Exit Readiness Meeting (3 months before exit)

Final check before spin-off & foundation of legal entity


End of Chemovator Journey

  • Spin-off
  • Venture Team members return to BASF or found their own business
Business buildup

Want to join Chemovator?

We are always searching for highly motivated intrapreneurs who want to turn their ideas into reality with our help.

You have a business idea, formed a team and now you want to join Chemovator?

Not sure or not ready yet?

There are other ways to engage with us and our community prior to a pitch: Join us in one of our Startup Bootcamps to refine your idea with experts and learn how to pitch. Or join us at one of our Open-Mic sessions to pitch, hear pitches and network in a casual and fun setting.