Startup Scouting
ANDRITZ Ventures is responsible for the venture capital / start-up investment and cooperation activities within the ANDRITZ GROUP. We partner with and invest in promising startups with a focus on industrial technology.
We consider ourselves as a sparring partner for young companies working on technological innovations and driven by the aspiration to stay at the forefront in the sphere of Industrial IoT. With the capabilities of the ANDRITZ GROUP, we are in a position to offer in-depth industry know-how in our broad field of activities and product offerings as well as a global set-up in order to support market-changing products and their development side-by-side with highly motivated, tech-savvy startup entrepreneurs.
Technology Focus
We are mainly focusing on partnerships with and investments in later-stage companies across a broad range of technologies.
Startup Benefits
We are offering various benefits for young entrepreneurs to create a win-win-situation.
Industrial expertise
ANDRITZ is an international technology group with in-depth industry know-how in four business areas and a broad field of activities and product offerings.
Customer Access
The ANDRITZ GROUP provides efficient marketing and sales opportunities on an international scale. This include for example a joint market development with the existing distribution structure of ANDRITZ.
Resources
Benefit from established business processes as well as financial resources.
Mentoring
Startups can benefit from the experience & know-how of key ANDRITZ employees and experts in form of mentoring and consulting.
Collaboration Possibilities
ANDRITZ wants to develop market-changing products and services side-by-side with highly motivated, tech-savvy startups in various forms:
- Sparring Partnership - As a sparring partner the startup gets access to defined ANDRITZ resources and infrastructure as well as benefits from mentoring and industry know-how.
- Customer-Supplier-Relationship - The startup offers its solutions to ANDRITZ as a supplier – either in form of a consulting project, a continuous licensing or service agreement.
- Strategic Partnership - In a strategic partnership the startup and ANDRITZ co-develop products, services or solutions.
- Investment - ANDRITZ invests in a startup with a clearly defined framework for collaboration. Moreover, we are continuously assessing venture capital fund investments.
- Acquisition - After some time of working together, ANDRITZ acquires a startup, which may be fully integrated in ANDRITZ structures and processes depending on the size & strategic objective.