ABB

Industrial Goods & Services

https://new.abb.com/

Switzerland

Key Innovators Bazmi Husain, Chief Technology Officer, ABB Group, Head of Operations in Innovation and R&D, incl Startup engagements: Rene Cotting, ABB Group

Sifted Take Synerleap innovation hub, ABB’s innovation growth hub has fostered more than 65 startup members and alumni within first three years of existence.

ABB Technology Ventures, ABB’s strategic venture capital arm, invested more than $200 million into startups spanning a range of sectors including robotics, drones, industrial IoT, AI/machine learning, cybersecurity, smart buildings, electric mobility and distributed energy. Notable investments include Baldor Electric Company, Trilliant, CMR Surgical and Vicarious. In terms of R&D ABB made more than 1B$ investments into non-order related research, product and solution developments.

No open formal innovation program but ABB does have close working relationships with academia, suppliers, startups & industry partners.

Accelerator ABB Industrial AI accelerator

Internal Programs Startup Garage

Open Innovation

CVC ABB Technology Ventures

Adidas

Sportwear

https://www.adidas.com

Germany

Key Innovators Christopher Robertson – Director FUTURE Global Innovation Management

Sifted Take Adidas Ventures notable investments include Carbon, 360Fly

Accelerator Platform A

Internal Programs Future Lab

Open Innovation Innovation Portal

CVC Adidas Ventures

Ahold Delhaize

Retail

https://www.aholddelhaize.com/

Netherlands

Key Innovators Amar Singh – Director Strategy & Innovation

Sifted Take Working with Delft University’s RoboHouse to design new supermarket technologies. Read the full Sifted article.

Accelerator Partner in YES!Delft

Internal Programs AI Retail Lab

Open Innovation

CVC

Air Liquide

Chemistry

https://www.airliquide.com/

France

Key Innovators Frédéric Daubié – Innovation Director & Air Liquide Business Lab Founder

Sifted Take ALIAD notable investments include Sigfox, Quanta Dyalysis Technologies, Carmat, Diabeloop

Accelerator Accelair

Internal Programs

Open Innovation Yes

CVC ALIAD

Airbus

Aerospace

https://www.airbus.com/

Netherlands

Key Innovators Grazia Vitttadini – Chief Technology Officer

Sifted Take Airbus BizLab recently hired Christian Lindener as the new head of the accelerator. Read how he is planning to shake up the programme and go for more moonshots. Airbus Ventures notable investments include Parsable, AEye, Humatics, Airmap

Accelerator Airbus BizLab

Internal Programs

Open Innovation Yes

CVC Airbus Ventures

Alcon

Health Care

https://www.alcon.com/

Switzerland

Key Innovators Michael Onuscheck – President, Global Business and Innovation

Sifted Take Offers startups the option of submitting ideas through their website

Accelerator

Internal Programs

Open Innovation Yes

CVC

Allianz

Insurance

https://www.allianz.com

Germany

Key Innovators Nazim Cetin – CEO of Allianz X

Sifted Take Allianz X has taken big bets in well-known unicorn companies such as Go-Jek, N26, Lemonade, American Well and Wealthsimple. InnovAllianz has invested in Tiredeets.com, Biomodex, Tanker. Read more in the Sifted CVC Guide.

Accelerator Accelerator Allianz

Internal Programs

Open Innovation Yes

CVC Allianz X

Amadeus

Technology

https://amadeus.com/

Spain

Key Innovators Suzanna Chiu – Head of Amadeus Ventures

Sifted Take 2019 investments include Refundit, Volantio, Dawex, Pana.

Accelerator

Internal Programs Amadeus for Developers

Open Innovation Amadeus Explore

CVC Amadeus Ventures

Anglo American

Basic Resources

https://www.angloamerican.com/

U.K.

Key Innovators Phil Newman – Head of Innovation

Sifted Take Runs the FutureSmart Open Forums open innovation platform, looking at operational efficiency, energy, water and safety in the pursuit of more sustainable mining practices.

Accelerator Unearthed Solutions

Internal Programs FutureSmart Mining

Open Innovation FutureSmartTM Open Forums

CVC

Anheuser-Busch InBev

Food and beverage

https://www.ab-inbev.com/

Belgium

Key Innovators Andrew Green – Global Director of Innovation

Sifted Take The 100+ accelerator selects 10 startups working on sustainability, investing $100,000 in each. More details
It also runs the Hack the World open innovation program.
ZX Ventures notable investments include Rappi, Starship Technologies (exited), Pensa Systems

Accelerator 100+ Accelerator

Internal Programs

Open Innovation Hack the World

CVC ZX Ventures

ASML

Semiconductors

https://www.asml.com

Netherlands

Key Innovators Peter Wennink – CEO

Sifted Take In 2012 started a customer co-investment programme to research new lithography technologies.

Accelerator

Internal Programs

Open Innovation Yes

CVC

Astrazeneca

Healthcare

https://www.astrazeneca.com

U.K.

Key Innovators Peter Fenici – Head Of Innovation

Sifted Take In 2019 launched the AI Factory for Health, a European accelerator for AI-focused digital health startups, together with Microsoft.

Accelerator AI Accelerator w/ Microsoft

Internal Programs Data Innovation

Open Innovation Yes

CVC Direct Investments

AXA

Insurance

https://www.axa.com

France

Key Innovators Delphine Maisonneuve – CEO of AXA Next and Group Chief Innovation Officer, Stéphane Guinet – CEO and founder of Kamet, Francois Robinet – Managing Director of AXA Venture Partners

Sifted Take AXA Next builds new services and business models beyond insurance. It is composed of: AXA labs (open innovation), AXA Venture Partners (corporate venturing), Kamet (accelerator)
AXA Partners — a global entity in charge of amplifying and scaling innovation through the BtoBtoC distribution of products and services via partnerships with other companies.
AXA Climate — a global structure to offer a new kind of insurance leveraging data to trigger automatic claims payments.
AXA Venture Partners: AXA’s dedicated fintech and insurtech investment fund. Endowed with €600m, this international fund invests in companies at different growth stages. Notable investments include Lyric, PolicyGenius, Contrast Security, Agendia.

Accelerator Kamet: AXA’s startup studio.

Internal Programs AXA Next, AXA REV (Research Engineering & Vision)

Open Innovation The AXA Labs

CVC AXA Venture Partners

Bae Systems

Aerospace

https://www.baesystems.com/

U.K.

Key Innovators Nick Martin – Innovation & Growth Leader

Sifted Take Works with partners such as Cylon, Hacktrain and Secure Chorus through the innovation lab. Has invested in Reaction Engines. Tends to acquire rather than invest.

Accelerator National Security Cyber Accelerator

Internal Programs

Open Innovation Innovation Lab

CVC Direct investment

BBVA

Banking

https://www.bbva.es/

Spain

Key Innovators Elena Alfaro – Global Head of Open Innovation & Client Solutions

Sifted Take BBVA Teaches employees digital transformation skills in collaboration with Intel. It also has an open innovation acceleration program and runs a venture creation studio together with Anthemis. Venture investments include Coinbase, Personal Capital, Taulia.

Accelerator BBVA Acceleration Program

Internal Programs Employee skill training

Open Innovation BBVA Open Innovation

CVC Propel Ventures Partners

Banco Santander

Banking

https://www.santander.com

Spain

Key Innovators Lindsey Argalas – Chief Digital & Innovation Officer

Sifted Take Santander Innoventures has made a number of successful investments including Kabbage, Tradeshift and iZettle. Manuel Silva Martinez, the head of Innoventures, says the venture arm is now branching out beyond obvious fintech targets. Read the Sifted interview here.

Accelerator

Internal Programs Entrepreneurship Awards

Open Innovation Yes

CVC Santander Innoventures

Barclays UK

Banking

https://www.barclays.co.uk/

U.K.

Key Innovators Richard Morgans-Director of Innovation & Fintech

Sifted Take Runs internal programmes on data visualisation. Barclays Ventures notable investments include Raidtec Corporation, JBM International Direct: The Hut, Admiral, Uber, Square. Read more in the Sifted CVC Guide.

Accelerator Barclays Eagle Lab

Internal Programs Data Visualisation Programs

Open Innovation Yes

CVC Barclays Ventures

BASF

Chemistry

https://www.basf.com/

Germany

Key Innovators Holger Ruckdaeschel – Head of Digital Innovation

Sifted Take Runs a intrapreneurship programme called the Chemovator (read the Sifted story about it here). BASF Venture Capital investments include Arcadia Biosciences, Aspen Aerogels, Energy Storage Systems

Accelerator Partner with Greentown Labs

Internal Programs Chemovator, Creator Space

Open Innovation OIP Agro

CVC BASF Venture Capital

Bayer

Chemistry

https://www.bayer.com/

Germany

Key Innovators Monika Lessl – Head of Corporate Innovation & R&D

Sifted Take Investements include BioNTech, Covestro

Accelerator Bayer G4A

Internal Programs

Open Innovation LifeHubs

CVC Direct Investments

BMW

Automotive industry

https://www.bmw.com

Germany

Key Innovators Esther Bahne – VP of Innovation

Sifted Take Pioneered the “venture client” collaboration model at BMW Startup Garage in 2015. More details about BMW’s innovation programmes. BMW i Ventures has invested in Carbon, ChargePoint, Graphcore, Fair, Desktop Metal.

Accelerator BMW Startup Garage

Internal Programs BMW Innovation Lab

Open Innovation Yes

CVC BMW Ventures

BNP Paribas

Banking

https://www.bnpparibas.com

France

Key Innovators Solveig Bachellery – Head of Innovation

Sifted Take Developing a ecosystem including inhouse startups and external experts. More details Investments include Econocom Group, Symphony, Suning Finance, AUTO1 Group, Hellofresh (exited)

Accelerator BNP & Plug n Play

Internal Programs

Open Innovation Yes

CVC Direct investments

BP

Oil & Gas Operations

https://www.bp.com/

U.K.

Key Innovators Morag Watson – Chief Digital Innovation Officer.

Sifted Take Has a very long-standing investment arm, BP Ventures, which has invested in Peloton Technology, Maas Global, Beyond Limits. One recent failure was Verdezyne, a bio-based renewable chemicals company, which was liquidated in 2018. Recently launched an in-house accelerator programme, Launchpad, which has made the bold claim of wanting to build 5 unicorns in the next 5 years.

Accelerator Launchpad

Internal Programs Helios Awards

Open Innovation Yes

CVC BP Ventures

British American Tobacco

Personal & Household Goods

https://www.bat.com/

U.K.

Key Innovators Marina Trani – Head of R&D Next Generation Products

Sifted Take Extensive internal research programmes, filed 130 patents in 2018.

Accelerator The BAT Accelerate Program

Internal Programs

Open Innovation Yes

CVC Better Tomorrow Ventures

Richemont

Personal & Household Goods

https://www.richemont.com/

Switzerland

Key Innovators Edouard Mignon – Group Research and Innovation Director

Sifted Take Direct investments in Yoox Net-a-Porter, Watchfinder

Accelerator Richemont & Plug n Play

Internal Programs Research and Innovation Lab

Open Innovation

CVC Direct investments

Saint-Gobain

Construction and materials

https://www.saint-gobain.com/

France

Key Innovators Tolu Akindunni – Director, Innovation & Lean

Sifted Take Nova is Saint Gobain’s external ventures arm. The company also has partnerships with research institutions such as MIT in the US and NIMS in Japan. It has innovation centres in France (Domolab)
UK (Innovation Center) and Italy (Habitatlab).

Accelerator Greentown Labs InNOVAte

Internal Programs

Open Innovation NOVA

CVC Q-Bot

Credit Suisse Group

Banking

https://www.credit-suisse.com/

Switzerland

Key Innovators Claude Honegger – Group Head of Innovation

Sifted Take Has partnerships with local institutions around the globe for coding challenges and hackathons. Credit Suisse NEXT Investors has invested in Dataminr, Prosper; Credit Suisse Entrepreneur Capital: TradePlus24, Wingtra.

Accelerator Fintech Innovation Labs

Internal Programs Strategic sponsored challenges

Open Innovation Yes

CVC NEXT Investors

CRH

Construction and materials

https://www.crh.com/

Ireland

Key Innovators Richard Frost – Head of Sustainability, Innovation & Risk

Accelerator

Internal Programs

Open Innovation

CVC

Daimler AG

Automotive industry

https://www.daimler.com/

Germany

Key Innovators Alexander Nediger – Director, Cooperation & Innovation Management

Sifted Take Daimler Technology & Venture investments include Flixbus, Careem (exited), Quanergy, ChargePoint, SoundHound, Turo, Momenta.ai. Read more in the Sifted CVC Guide.

Accelerator Lab1886

Internal Programs

Open Innovation

CVC Daimler Technology & Venture

Danone

Food & Beverage

https://www.danone.com/

France

Key Innovators Nigyar Makhmudova – EVP, Growth and Innovation

Sifted Take Danone Manifesto Ventures has invested in Sustainable Bioproducts, Farmer’s Fridge

Accelerator IMPACT Accelerator

Internal Programs Manifesto Innovation Accelerator

Open Innovation

CVC Danone Manifesto Ventures

Deutsche Boerse

Financial Services

https://deutsche-boerse.com/

Germany

Key Innovators Stephanie Eckhardt – Head of Product Development

Sifted Take Direct investments include: Digital Asset Holdings, Trifacta, TruMid, Liqid

Accelerator Fintech Accelerator

Internal Programs Innovation Lab

Open Innovation

CVC Digital Asset Holdings

Deutsche Post

Logistics

https://www.deutschepost.de/

Germany

Key Innovators Matthias Heutger – SVP & Global Head of Innovation

Sifted Take Runs innovation centres around the world. The most recent one opened in the US in 2019.

Accelerator Partner with Plug n Play

Internal Programs DHL Innovation Center

Open Innovation

CVC Far Eye

Deutsche Telekom

Telecommunication

https://www.telekom.com/

Germany

Key Innovators John Calian – Head of T-Labs

Sifted Take Deutsche Telekom Capital Partners investments include AppsFlyer, Lookout, Jawbone; T-Venture: Lookout, CipherCloud

Accelerator Hub:raum

Internal Programs T-Labs

Open Innovation

CVC Deutsche Telekom Capital Partners

Diageo

Food & Beverage

https://www.diageo.com/

Germany

Key Innovators Nicholas Aspinall, Steve White – Head of Innovation, Europe & Africa

Sifted Take Diageo Technology Ventures invested in Reserve. Ran a programme with FS6 in 2016 but not much detail since.

Accelerator Diageo-backed Distill Ventures

Internal Programs

Open Innovation

CVC Diageo Technology Ventures

E.ON

Electric utility

https://www.eonenergy.com/

Germany

Key Innovators Thomas Boermans – Head of Innovation Trends & Strategy

Sifted Take 100% Open worked with E.ON for 3 years to develop an open innovation strategy, crowdsource ideas and find new technologies. Direct investments include Sigh Machine, Autogrid, Tado.

Accelerator Agile accelerator

Internal Programs

Open Innovation

CVC Direct Investments

Enel

Electric utility

https://www.enel.com/

Italy

Key Innovators Ernesto Ciorra – Head of Innovability

Sifted Take Runs a global network of innovation hubs.

Accelerator Enel Startup

Internal Programs

Open Innovation Yes

CVC

Engie

Electric utility

https://www.engie.com/

France

Key Innovators Andy Merrin – Head of Energy and Innovation

Sifted Take Notable investments by Engie New Ventures: Redaptive. More details about Engie’s innovation programme here.

Accelerator Le Village by CA & ENGIE

Internal Programs

Open Innovation Yes

CVC Engie New Ventures

Eni

Petroleum

https://www.eni.com/

Italy

Key Innovators Guiseppe Tannoia – EVP Research & Technology

Sifted Take Has a long-standing collaboration with MIT on sustainable energy products. Has extensive internal R&D teams and runs two supercomputers that conduct research into magnetic confinement fusion and superconducting magnets. In 2018 launched an open innovation programme for Italian startups called CallForGrowth.

Accelerator

Internal Programs R&D focused innovation

Open Innovation CallForGrowth

CVC

Ericsson

Technology

https://www.ericsson.com/

Sweden

Key Innovators Sarah Goss – Head of Innovation

Sifted Take Runs an annual innovation award for university students. Notable investments by Ericsson Ventures include: Einride, Trifacta, Mirantis, Matterport, Menlo Security. Read the Einride story here.

Accelerator IoT Accelerator

Internal Programs

Open Innovation

CVC Ericsson Ventures

EssilorLuxottica

Pharmaceutical industry

https://www.essilorluxottica.com/

France

Key Innovators Hubert Sagnières – CEO

Sifted Take Has 20+ research partnerships with universities and public research organisations such as the Vision Institute in Paris, CNRS, Ecole Polytechnique de Montreal and the University of Shanghai.

Accelerator

Internal Programs

Open Innovation

CVC

Experian

Industrial Goods & Services

https://www.experian.co.uk/

U.K.

Key Innovators Gareth Rumsey – Head of Innovation

Sifted Take Software Engineer Accelerator-Rotation Program

Accelerator

Internal Programs Experian’s DataLabs

Open Innovation

CVC

Fresenius SE

Health care equipment

https://www.fresenius.com/

Germany

Key Innovators Didier Leyman
– Founder and Chief Innovation Officer at ID-Labz

Sifted Take Fresenius Medical Care North America invested in BioIntelliSense

Accelerator

Internal Programs

Open Innovation

CVC Fresenius Medical Care Ventures

Gazprom

Oil & Gas

https://www.gazprom.com/

Russia

Key Innovators Oleg Aksyutin – Part of Management Committee

Sifted Take Runs an annual science and technology prize but it is not clear if winners get much more than a medal.

Accelerator «On Your Marks!»

Internal Programs Digital Innovation Centre

Open Innovation

CVC

Glaxosmithkline

Health Care

https://www.gsk.com/

U.K.

Key Innovators Ashley George – Global Head of Innovation & Consumerisation

Sifted Take GSK and Accenture run a digital accelerator program for consumer brands in Asia. Notable investments by SR One include ArcellX, Second Genome. The GSK Canada Life Sciences Innovation Fund has invested in Thrasos.

Accelerator Digital Accelerator in APAC

Internal Programs

Open Innovation Open Lab

CVC SR One

Glencore

Basic Resources

https://www.glencore.com/

U.K.

Key Innovators Kevin McAuley
– Director – Sustainability, Technical Services & Innovation

Sifted Take Some collaboration with NORCAT, the Canadian technology innovation centre for the mining industry.

Accelerator

Internal Programs

Open Innovation Expande

CVC

Heineken

Food & Beverage

https://www.heineken.co.uk/

Netherlands

Key Innovators Alison McMahon – Head of Innovation

Sifted Take Heineken runs crowdsourced competitions on its Innovators Brewhouse online platform

Accelerator Frontier programme

Internal Programs HEINEKEN innovation

Open Innovation Yes

CVC

Hermès

Personal & Household Goods

https://www.hermes.com/

France

Key Innovators Axel Dumas – CEO

Sifted Take Invests selectively in apps and mobile advertising.

Accelerator

Internal Programs

Open Innovation

CVC

HSBC Holdings

Major Banks

https://www.hsbc.com/

U.K.

Key Innovators Tom Acton – Head of Strategy and Innovation, Operations at HSBC

Sifted Take Runs an accelerator together with T-Hub, which provides startups with an eight-week program. Notable investments by HSBC Corporate Ventures include CloudBees, CXA Group, Bud, CrowdStrike, Axoni, Menlo Security.

Accelerator

Internal Programs Two data and innovation labs

Open Innovation

CVC HSBC Corporate Ventures

Iberdrola

Electric utility

https://www.iberdrola.es/

Spain

Key Innovators Jose Maria Gallardo Calles – Innovation Manager

Sifted Take Iberdrola’s Perseo startup programme has a budget of €70m. More details

Accelerator International startup program

Internal Programs Open Innovation Ventures

Open Innovation

CVC

Imperial Brands

Personal & Household Goods

https://www.imperialbrandsplc.com/

U.K.

Key Innovators David Newns – Innovation Director

Sifted Take David Newns founded vaping company Nerudia and joined Imperial Brands when Nerudia was acquired in 2017.

Accelerator

Internal Programs

Open Innovation Yes

CVC

Inditex

Retail

https://www.inditex.com/

Spain

Key Innovators Carlos Crespo – CEO

Sifted Take Inditex appointed Carlos Crespo CEO in May 2019 in a move widely seen as indicating the importance of digital strategy for the group. Crespo had formerly been chief operating officer and in charge of designing the online operations as well as features such as “click and collect” at physical stores.

Accelerator Organic Cotton Accelerator

Internal Programs

Open Innovation

CVC

ING Group

Banking

https://www.ing.com/

Netherlands

Key Innovators Benoit Legrand – Chief Innovation Officer

Sifted Take ING Ventures, a 300 million Euro investment fund, with more than 20 investments. ING Labs in Amsterdam, Singapore, London, ING Fintech Village, PACE , ING developed PACE, a structured innovation methodology that combines Design Thinking, Lean Startup & Agile Scrum principles.

Accelerator Annual Innovation Bootcamp

Internal Programs ING Labs

Open Innovation

CVC ING Ventures

Intesa Sanpaolo

Banking

https://www.intesasanpaolo.com/

Italy

Key Innovators Roberta Profeta – Chief Innovation Officer

Sifted Take Launched an accelerator programme for Italian startups in Israel jointly with the Italian Embassy in Israel and Intesa Sanpaolo Innovation Center in January 2020.

Accelerator Accelerator

Internal Programs Innovation Centre

Open Innovation

CVC

Kering

Retail

https://www.kering.com/

France

Key Innovators Grégory Boutté – Chief Client and Digital Officer

Sifted Take Direct investments in Fancy, Lamoda

Accelerator Fashion for Good Accelerator

Internal Programs

Open Innovation

CVC Direct investments

Kone

Industrial Goods & Services

https://www.kone.com/

Finland

Key Innovators Henrik Ehrnrooth – Preseident and CEO

Sifted Take Kone is a member of Combient Foundry, a programme where large Nordic corporations collaborate to find startups to partner with. Read more about the Combient Foundtry model on Sifted.

Accelerator Combient Foundry programme

Internal Programs Kone High-rise laboratories

Open Innovation

CVC

L’Oréal

Personal and household goods

https://www.loreal.com/

France

Key Innovators Jacques Challes – Chief Innovation Officer

Sifted Take L’Oreal runs numerous innovation initiatives, including an accelerator programme at Station F in Paris, and working with innovation agencies such as Founders Factory in London and Hello Tomorrow in Paris. Read the Sifted article on L’Oreal’s programme. In 2018 it launched a venture capital arm, BOLD (Business Opportunities for L’Oréal Development).

Accelerator Partner w/ Founders Factory & Station F

Internal Programs Station F programmes

Open Innovation Yes

CVC BOLD

LafargeHolcim

Construction & Materials

https://www.lafargeholcim.com/

Switzerland

Key Innovators Edelio Bermejo – Head of Lafarge Holcim R&D, Innovation and IP chez LafargeHolcim

Sifted Take H Accelerator is an intensive 6-month program for building industry startups.

Accelerator LH Accelerator

Internal Programs LafargeHolcim Startup MAQER

Open Innovation Yes

CVC

Linde

Chemicals

https://www.linde.com/

Ireland

Key Innovators Steve Angel – CEO

Sifted Take The Linde Global Innovation Challenge for employees takes place once a year

Accelerator Partner w/ PlugnPlay & Startup Autobahn

Internal Programs Global Innovation Challenge

Open Innovation Yes

CVC

Lloyds Banking Group

Banks

https://www.lloydsbankinggroup.com/

U.K.

Key Innovators Miranda Drummond – Head of innovation culture and community

Accelerator Social Entrepreneurs programme

Internal Programs

Open Innovation

CVC

London Stock Exchange

Financial Services

https://www.lseg.com/

U.K.

Key Innovators Ed Rainer – Head of Operations, LSEG Technology

Sifted Take Provided seed funding for fintech company Nivaura

Accelerator ELITE

Internal Programs

Open Innovation

CVC Direct Investments

Lonza

Health Care

https://www.lonza.com/

Switzerland

Key Innovators Widmer Stefan – Head of Innovation

Sifted Take Open innovation center in Israel, Provides some grant and early VC funding directly

Accelerator

Internal Programs Collabo Innovation Center

Open Innovation Yes

CVC

Lukoil

Oil & Gas

http://www.lukoil.com/

Russia

Key Innovators Dmitriy Khurshudov – Head of Innovation Partnership

Sifted Take Runs a platform where technology suppliers can offer their ideas to the company.

Accelerator

Internal Programs

Open Innovation Innovation Development Portal

CVC

LVMH Moët Hennessy Louis Vuitton

Personal and household goods

https://www.lvmh.com/

France

Key Innovators Bernard Arnault – Chairman and Chief Executive Officer

Sifted Take Runs the Maison du Startups accelerator programme, which takes in 50 startups each year at Station F in Paris. More details Invested directly in The Business of Fashion, Creme de la Creme, Lyst, Moda Operandi.

Accelerator Maison du Startups

Internal Programs DARE initiatives

Open Innovation

CVC Direct Investments

Munich Re

Insurance

https://www.munichre.com/

Germany

Key Innovators Tom Van den Brulle – Global Head of Innovation

Sifted Take Munich Re’s venture arm, HSB Venture, has invested in companies like Next Insurance, Trov. Munich Re has invested directly in car leasing company Fair. Read the Sifted interview with Tom Van den Brulle.

Accelerator MundiLab

Internal Programs

Open Innovation

CVC Munich Re’s Ventures

National Grid

Utilities

https://www.nationalgrid.com/

U.K.

Key Innovators Stephen Marland – Director Of Innovation & National Grid Partners

Sifted Take National Grid Partners (based in Silicon Valley) Notable investments: EdCast, Pixeom, Audio Analytic, GoCardless

Accelerator

Internal Programs

Open Innovation Yearly Open Innovation Event

CVC National Grid Partners

Nestle

Food Processing

https://www.nestle.com/

Switzerland

Key Innovators Gerardo Mazzeo, global innovation director; Marco Magatti, head of innovation, technology and design; Unathi Mzendana, global brand strategy and innovation manager – Head of Innovation, Technology and Design

Sifted Take INventages Venture Capital, Notable investments: AM Pharma, Accera, Xolution, [email protected]é offers $50,000 funding for projects tackling nutrition, health and wellness, Launched the Nestlé R&D Accelerator in 2019, putting together Nestle scientists, students and startups

Accelerator Nestlé R&D Accelerator

Internal Programs

Open Innovation [email protected]é

CVC INventages Venture Capital

Nokia

Technology

https://www.nokia.com/

Finland

Key Innovators Akin Akintola – Head of Global Innovation Networks

Sifted Take Founded NGP Capital in 2005, investments include Deliveroo, Lime and GetYourGuide

Accelerator In residence

Internal Programs Internal incubator programmes

Open Innovation

CVC Nokia Growth Partners

Novartis

Pharmaceuticals

https://www.novartis.co.uk/

Switzerland

Key Innovators Stan Tsvirko, Global Director, Innovation and Digital Commercial Transformation; Dr Anja König, Global Head of Novartis Venture Fund –

Sifted Take Novartis Venture Fund notable investments include PTC Therapeutics, Proteus Digital Health. Read more in the Sifted CVC Guide.

Accelerator Future of Health accelerator

Internal Programs

Open Innovation

CVC Novartis Venture Fund

Novatek

Oil & Gas

http://www.novatek.ru/

Russia

Key Innovators Leonid Viktorovich Mikhelson – CEO

Accelerator

Internal Programs

Open Innovation

CVC

Novo Nordisk

Health Care

http://www.novonordisk.co.uk/

Denmark

Key Innovators Matt Dugan – Head of Innovation

Sifted Take Direct investment in Beta Bionics and IO Biotech. Participated in the Isidingo Drill open innovation challenge. Runs the Digital Accelerator to develop new tools to manage diabetes.

Accelerator Digital Accelerator

Internal Programs

Open Innovation

CVC Direct investment

Orange S.A.

Telecommunication

https://www.orange.com/

France

Key Innovators Michaël Peeters – Director Innovation and Business Development

Sifted Take Orange Fab is a platform to connect startups to corporates such as Total, Unilever, Michelin

Accelerator Orange Fab

Internal Programs

Open Innovation

CVC Orange Digital Ventures

Pernod Ricard

Food & Beverage

https://www.pernod-ricard.com/

France

Key Innovators Alain Dufossé – BIG Director; Yves Schladenhauffen – Innovation and Portfolio Strategy Director –

Sifted Take Created in 2012, Pernod Ricard’s Breakthrough Innovation Group is a team of 10 people based in Paris developing new products and services.

Accelerator

Internal Programs Breakthrough Innovation Group

Open Innovation

CVC

Philips

Personal and household goods

https://www.philips.co.uk/

Netherlands

Key Innovators Jeroen Tas – Chief Innovation & Strategy Officer

Sifted Take Runs the HealthWorks global healthcare accelerator programme, which took in 15 startups last year; Philips Innovation Services helps companies scale up. Direct investments in Babyscripts. Philips Health Technology Ventures investments: LeQuest, Mytonomy, Lindacare.

Accelerator HealthWorks

Internal Programs

Open Innovation

CVC Direct investments

Prudential Financial

Insurance

https://www.prudential.com/

U.K.

Key Innovators Vinay Kumar Jha – Innovation & Transformation Director

Sifted Take Direct investments in Remitly, Halodoc, Liveoak SaverLife

Accelerator

Internal Programs

Open Innovation

CVC Direct investments

Reckitt Benckiser

Personal & Household Goods

https://www.rb.com/

U.K.

Key Innovators Philip Bolton – R&D Director

Sifted Take Direct investment in Pharmapacks. Runs a hygiene and home accelerator jointly with Founders Factory.

Accelerator Partner w/ Founders Factory

Internal Programs

Open Innovation

CVC Direct investments

Relx

Media

https://www.relx.com/

U.K.

Key Innovators Jeff Honious – VP Innovation

Sifted Take REV Venture Partners notable investments: Signal AI, Babbel, EdCast, Mode Analytics

Accelerator The LexisNexis Accelerator

Internal Programs

Open Innovation

CVC REV Venture Partners

Rio Tinto

Basic Resources

https://www.riotinto.com/

U.K.

Key Innovators Jean Sébastien Jacques – CEO

Sifted Take Rio Tinto solicits ideas for specific business challenges posted on its website.

Accelerator Unearthed Solutions

Internal Programs

Open Innovation Rio Tinto Pioneer Portal

CVC

Roche

Health Care

https://www.roche.com/

Switzerland

Key Innovators Gerard Harkin – Head of Innovation (UK & Ireland)

Sifted Take Roche Venture Fund investments: Freenome, Epic Sciences, Accelerator: Runs Startup Creasphere, a healthcare accelerator, together with Plug & Play

Accelerator Startup Creasphere

Internal Programs

Open Innovation

CVC Roche Venture Fund

Royal Dutch Shell

Oil & Gas Operations

https://www.shell.com/

Netherlands

Key Innovators Yuri Sebregts Yuri – CTO

Sifted Take Notable investments include AutoGrid, Sonnen Gmbh, Glasspoint Solar, Kespry

Accelerator Shell GameChanger

Internal Programs

Open Innovation

CVC Shell Ventures

Safran

Aerospace

https://www.safran-group.com/

France

Key Innovators Stéphane Cueillem – Senior EVP, R&T & Innovation

Sifted Take n 2005, the Group created the Safran Innovation Awards, which recognize employees’ most promising innovations

Accelerator

Internal Programs Safran Innovation Awards

Open Innovation

CVC Safran Ventures

Sanofi

Pharmaceutical industry

https://www.sanofi.com/

France

Key Innovators Ameet Nathwani – Chief Digital Officer

Sifted Take Notable investments by Sanofi Ventures include Ablynx, BioNTech, Bioverativ, Synthorx

Accelerator Startup Creasphere

Internal Programs

Open Innovation

CVC Sanofi Ventures

SAP

Technology

https://www.sap.com/

Germany

Key Innovators Frederic PUCHE – Innovation Director

Sifted Take Sapphire Ventures is a unicorn factory that has invested in everything from LinkedIn to Square. Current notable investmenst: TransferWise, Monday, OnDeck, Sumo Logic; The SAP.io Fund invests in seed and Series-A stage startups and runs SAP.iO Foundries accelerator programmes in 8 cities globally

Accelerator SAP.iO Foundries

Internal Programs SAP.iO Venture Studio

Open Innovation

CVC Sapphire Ventures

Sberbank

Banks

https://www.sberbank.ru/

Russia

Key Innovators David Rafalovsky – Chief Technology Officer

Sifted Take Ran a joint accelerator with 500 Startups in 2019

Accelerator Yes

Internal Programs Runs an in-house accelerator

Open Innovation

CVC

Schneider Electric

Goods and Services

https://www.se.com/

France

Key Innovators Emmanuel Lagarrigue – chief innovation officer, Heriberto Diarte – head of SEV and Schneider Electric’s external innovation activities –

Sifted Take SE Ventures is the CVC arm of Schneider Electric, part of the Innovation at the Edge program. SE Ventures has a $500m fund. The Innovation program also leads incubations, joint ventures and partnerships with start-ups. The innovation team is 50+ people. Has 20+ innovation hubs around the world and is planning to open in 30 more locations. Notable investments include Sense and Inspirafarms

Accelerator IoT accelerator w/ Brinc

Internal Programs

Open Innovation

CVC SE Ventures

Siemens

Goods and Services

https://new.siemens.com/

Germany

Key Innovators Paul Brookes – Head of Innovation

Sifted Take Next47 Notable investmenst: Chargepoint, Fair, Accelerator. Read more in the Sifted CVC Guide. Siemens Technology Accelerator has been running since 2001; also runs the Industrial Digitalisation Accelerator together with Atos and STFC.

Accelerator Siemens Technology Accelerator

Internal Programs

Open Innovation

CVC Next47

Société Générale SA

Banking

https://www.societegenerale.com/

France

Key Innovators Claire Calmejane – Group Chief Innovation Officer

Sifted Take Read the Sifted interview with Claire Calmejane. Direct investments: Symphony, HR Path, Talan, Econocom Group, Accelerator: Siemens Technology Accelerator has been running since 2001; also runs the Industrial Digitalisation Accelerator together with Atos and STFC

Accelerator Catalyst

Internal Programs

Open Innovation

CVC Direct investments

Standard Chartered

Banking

https://www.sc.com/

U.K.

Key Innovators Rene Keller – CIO

Accelerator SuperCharger FinTech program

Internal Programs

Open Innovation

CVC SC Ventures Fintech Bridge

Swiss Re

Insurance

https://www.swissre.com/

Switzerland

Key Innovators Christian Mumenthaler – CEO

Sifted Take Direct investments (early VC stage) in Sharecare, The Glue, SalvageSale, Highway to Health

Accelerator InsurTech Accelerator

Internal Programs

Open Innovation

CVC Direct Investments

Telefónica

Telecommunication

https://www.telefonica.com/

Spain

Key Innovators Tonia Nagle – Head of Innovation

Sifted Take The Wayra accelerator has been running since 2011. It has hubs in Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom and Venezuela

Accelerator Wayra

Internal Programs

Open Innovation Yes

CVC Telefonica Ventures

Tesco

Retail

https://www.tesco.com/

U.K.

Key Innovators Claire Lorains – Innovations Director

Sifted Take Runs an incubator programme for small, entrepreneurial brands. Graduates include Brewdog, Propercorn, Fevertree, Bol and Graze. Direct investment in Lazada Viet Nam, an online shopping mall

Accelerator Incubator programme

Internal Programs Tesco Labs runs hackathons

Open Innovation

CVC Direct investment

Total

Petroleum

https://www.total.com/

France

Key Innovators Jean-Charles Pierre Guillet, Head of Innovation, Philippe Sauquet, President of Strategy & Innovation –

Sifted Take Notable investments by Total Energy Ventures include G7 Networks, Sigfox; Total Developpement Regional

Accelerator Plant 4.0 Startup Incubator

Internal Programs Innodays programme

Open Innovation

CVC Total Energy Ventures

UBS

Banks

https://www.ubs.com/

Switzerland

Key Innovators Lee Fulmer – Global Head of Innovation & Chief Data Officer

Sifted Take Run the UBS Innovation Lab at L39 in London. Direct investments in Symphony, Impossible Foods

Accelerator UBS Innovation Lab at L39

Internal Programs Wealth Innovation Lab

Open Innovation UBS Y Think Tank

CVC Direct Investments

Unibail-Rodamco

Real estate

https://www.urw.com/

France

Key Innovators Christophe Cuvillier – Group CEO; Julie Villet; URW Lab and CSR Director –

Sifted Take Launched the URW innovation lab in 2012. Has run a startup competition since 2007 for startups offering new shopping concepts. Supports the winners by offering them space in the shopping centres.

Accelerator URW Lab

Internal Programs

Open Innovation

CVC

Unicredit

Banks

https://www.unicreditgroup.eu/

Italy

Key Innovators Marco Pusterla – Head of Innovation Orchestration & FinTech

Sifted Take Holds yearly open innovation days in October. Notable investments include GlassUp, VisionLab Apps, Freeda Media, Meniga

Accelerator UniCredit Start Lab

Internal Programs

Open Innovation Yes

CVC Unicredit EVO

Unilever

Food and beverage

https://www.unilever.com/

Netherlands

Key Innovators Bahram (Baz) Saidieh – Global Head of Unilever Foundry
Peter ter Kulve – President, Home Care and ex-Chief Digital and Growth Officer
Conny Braams – Chief Digital and Marketing Officer – Global Innovation Director

Sifted Take Notable investments by Unilever Ventures: Gousto, Nutrafol, Sun Basket. Read more about the open innovation programme here.

Accelerator The Unilever Foundry

Internal Programs

Open Innovation Yes

CVC Unilever Ventures

Vinci SA

Construction and materials

https://www.vinci.com/

France

Key Innovators Peter ter Kulve – President, Home Care and ex-Chief Digital and Growth Officer – Director of Innovation & Foresight Platform

Accelerator DataCity programme

Internal Programs BIM FM Lab

Open Innovation AiREAS project

CVC

Vivendi

Media

https://www.vivendi.com/

France

Key Innovators Conny Braams – Chief Digital and Marketing Officer – SVP, Strategy and innovation

Sifted Take Listed as one of the corporate partners of Paris&Co, the French incubator

Accelerator Accelerator Engagement Network

Internal Programs Abbey Road Red incubator

Open Innovation

CVC

Vodafone

Telecommunications

https://www.vodafone.com

U.K.

Key Innovators – Group Head of Business Development & Innovation

Sifted Take Notable investments by Vodafone Ventures include LettUsgrow, Yellow Dog, GrandCentrix. Runs several open innovation programmes including Vodafone 5G Dig, Vodafone Uplift (Germany), Vodafone Pacesetter (Germany), Vodafone Vitrin (Turkey) and Solve at MIT. Accelerators include F-Lane, Tomorrow Street & Power Lab

Accelerator F-Lane, Tomorrow Street & Power Lab

Internal Programs Bright Sparks

Open Innovation Multiple

CVC Vodagone Ventures

Volkswagen Group

Automotive industry

https://www.volkswagenag.com/

Germany

Key Innovators Axel Heinrich – Head of Volkswagen Group Innovation

Sifted Take Notable investments include Gett (GetTaxi), ARGO AI, Northvolt, Mobvoi

Accelerator Future Mobility Incubator

Internal Programs

Open Innovation

CVC Volkswagen CVC

Volvo

Industrial Goods & Services

https://www.volvocars.com/

Sweden

Key Innovators Lars Stenqvist – Chief Technology Officer

Sifted Take Volvo Financial Services launched iLabX in 2018 in collaboration with LMarks. Notable investments by Volvo Group Venture Capital include Peloton Technology, Cargomatic, Upstream Security, Apex.AI

Accelerator iLabX

Internal Programs

Open Innovation Volvo Cars

CVC Volvo Group Venture Capital

Vonovia SE

Real Estate

https://www.vonovia.de

Germany

Key Innovators Rolf Buch – Chief Executive Officer

Sifted Take Started work with the Ruhr-Israel cyber activator in 2019 to develop a secure communication interface for buildings.

Accelerator

Internal Programs

Open Innovation Yes

CVC

Zurich Insurance Group

Insurance

https://www.zurichinternational.com/

Switzerland

Key Innovators Stuart Domingos – Head of innovation; Giovanni Giuliani – Chief Strategy Innovation and Business Development Officer –

Sifted Take Runs a global startup tournament. Read the Sifted interview with Stuart Domingos, head of innovation More details of the programme here here Zurich works with various accelerators and incubators globally. Notable investements include BrightBox, Digital Insurance Group, doppo, FitSense, ZCAM

Accelerator Global startup tournament

Internal Programs Innovation Foundry

Open Innovation Make the Difference

CVC Direct Investments

Corporate Innovation Directory

ABB

Industrial Goods & Services

Adidas

Sportwear

Ahold Delhaize

Retail

Air Liquide

Chemistry

Airbus

Aerospace

Alcon

Health Care

Allianz

Insurance

Amadeus

Technology

Anglo American

Basic Resources

Anheuser-Busch InBev

Food and beverage

ASML

Semiconductors

Astrazeneca

Healthcare

AXA

Insurance

Bae Systems

Aerospace

BBVA

Banking

Banco Santander

Banking

Barclays UK

Banking

BASF

Chemistry

Bayer

Chemistry

BMW

Automotive industry

BNP Paribas

Banking

BP

Oil & Gas Operations

British American Tobacco

Personal & Household Goods

Richemont

Personal & Household Goods

Saint-Gobain

Construction and materials

Credit Suisse Group

Banking

CRH

Construction and materials

Daimler AG

Automotive industry

Danone

Food & Beverage

Deutsche Boerse

Financial Services

Deutsche Post

Logistics

Deutsche Telekom

Telecommunication

Diageo

Food & Beverage

E.ON

Electric utility

Enel

Electric utility

Engie

Electric utility

Eni

Petroleum

Ericsson

Technology

EssilorLuxottica

Pharmaceutical industry

Experian