Welcome to Chemovator
Chemowhat?
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
We ensure independence and autonomy from classical corporate structures and processes.
Learning organization
We embrace a culture of fail-fast and see mistakes as opportunities to learn.
Supporting structure
Our operational support allows Venture Teams to fully focus on their business idea.
Commercial relevance
Our focus lies on business incubation driven by market and customer feedback.
Professional coaching
Our experienced external founders and investors mentor and support our Venture Teams.
Networks
We provide access to unconventional resources and external networks.
How do we work?
Setup
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
Chemovator Core Team
Run and develop Chemovator
Support the Venture Teams from behind the scene
Meet our Core TeamChemovator Journey
Validation Phase
3 months
Test & refine initial assumptions
Early market feedback
Build & test prototype
End-of-validation Pitch
Venture Teams pitch their validated concept
Incubation Phase
Up to 21 months
Refine & validate assumptions
Write business case
Build team
Refine product / market test
Prepare exit
Venture Team members delegated to the Chemovator
End of Chemovator Journey
Spin-in or spin-off
Venture Team members return to BASF or found their own business
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?
Login to your BASF account & find more information on how to become part of 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.