# Solvay: portfolio, investments and team

> Solvay is a vc firm based in Belgium. 4 investments on record, latest Dec 2021. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/solvay (Millionrounds; every figure on the page links to its filing or article)

Belgium · [Investor](https://millionrounds.com/investors)

# Solvay

Last cheque observed Dec 2021. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series B Series C Beauty Commercial Real Estate Lifestyle

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **1789** days **00** hrs **00** min **00** sec

Median round **$34M** Rounds led **0 of 4** Sole investor **1 rounds** Exits **1 from the portfolio**

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## Solvay highlights

- 01 4 rounds on record
- 02 Mostly Series B and Series C: 100% of its rounds
- 03 Sole investor in 1 rounds, median $14M
- 04 1 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Beauty Commercial Real Estate Lifestyle
- **Based in:** Brussels, Belgium
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2021** 1 round
- **Dec** **[DMC Biotechnologies](https://millionrounds.com/company/dmc-biotechnologies)** Series B · BE · Capricorn Partners **$34M** With 8 others
- **2012** 1 round
- **Apr** **[Polyera](https://millionrounds.com/company/polyera)** Series C · US · mmdnewswire.com **$25M** With 2 others
- **2009** 1 round
- **Aug** **[Plextronics](https://millionrounds.com/company/plextronics)** Series B · US · green.venturebeat.com **$14M** Sole investor
- **2007** 1 round
- **Aug** **[Plextronics](https://millionrounds.com/company/plextronics)** Series B · US · deals.venturebeat.com **$21M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Plextronics](https://millionrounds.com/company/plextronics)** Bought by [Solvay](https://millionrounds.com/fund/solvay) **Undisclosed** Mar 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**Cytec Industries** **Undisclosed** Jul 2015

**[Plextronics](https://millionrounds.com/company/plextronics)** **Undisclosed** Mar 2014

**Chemlogic** **$1.4B** Oct 2013

## The cheque

Series B Series C

Median round joined **$34M** the round, not its cheque Alone, median **$14M**

Led 0 of 4 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Dec 2021
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series B *3*
- Series C *1*

Cheques by year Led Joined

2007 2021

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## Recently backed

The latest companies Solvay put money into.

[**DMC Biotechnologies** $34M · Dec 2021](https://millionrounds.com/company/dmc-biotechnologies)

## Quick answers about Solvay

### What does Solvay invest in?

Solvay invests most often at Series B and Series C (100% of the rounds on record), in sectors such as Beauty, Commercial Real Estate and Lifestyle.

### How active is Solvay?

4 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2021.

### What has Solvay invested in recently?

Its most recent investments on record: DMC Biotechnologies (Series B, Dec 2021).

### How big are Solvay's cheques?

The median round it joins is $34M.

### Is Solvay investing now?

No investments in the last 12 months; the latest was in Dec 2021.

### What kind of investor is Solvay?

Solvay is a VC firm based in Brussels, Belgium.

### When was Solvay founded?

Solvay was founded in 1863.

### Where does this information on Solvay come from?

From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=solvay) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=solvay)
