About SABIC
SABIC is a company based in Riyadh (Saudi Arabia) founded in 1965 was acquired by Saudi Arabian Fertilizer Company in January 2021.. SABIC has completed 2 acquisitions, including Black Diamond Structures and FRT Tapes.
- Headquarter Riyadh, Saudi Arabia
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sabic Innovative Plastics Denmark Aps
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.48 M (USD), Grant
Sep 01, 2022
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Investors
Aramco
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Black Diamond Structures
& 1 more
- Acquired by
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Software Development Team
133 people
Leadership Team
45 people
Senior Team
43 people
Operations Team
40 people
Sr. Team
32 people
Product Management Team
31 people
Human Resources and Administration
28 people
Manager Team
11 people
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Funding Insights of SABIC
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $1.5M
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First Round
First Round
(12 Sep 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Grant - SABIC | Valuation |
investors |
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| Jul, 2018 | Amount | Post-IPO - SABIC | Valuation |
investors |
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| Jan, 2015 | Amount | Grant - SABIC | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SABIC
SABIC has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Aramco, FEMA and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Aramco is recognized as a leading producer of energy and chemicals globally.
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Founded Year | Domain | Location | |
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Federal emergency management and disaster response are coordinated nationwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SABIC
SABIC has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Black Diamond Structures and FRT Tapes. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Nanomaterial solutions for lead-acid and lithium-ion batteries are developed.
|
2014 | ||||
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Online slot machines and lottery games are provided digitally.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SABIC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sabic Comparisons
Competitors of SABIC
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sabic
Frequently Asked Questions about SABIC
When was SABIC founded?
SABIC was founded in 1965 and raised its 1st funding round 44 years after it was founded.
Where is SABIC located?
SABIC is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of SABIC?
Yousef Abdullah Al Benyan is the current CEO of SABIC.
What does SABIC do?
The company was founded in 1965 in Riyadh, Saudi Arabia, where operations center on the production and distribution of agro-nutrients. A fund of funds is maintained, targeting investments in emerging materials. Long-term partnerships are emphasized in business activities, and resources are directed toward technology development and innovation within the chemicals and investment sectors. Leadership is provided by CEO Yousef Abdullah Al Benyan.
How many acquisitions has SABIC made?
SABIC has made 2 acquisitions, including Black Diamond Structures, and FRT Tapes.
Who are SABIC's investors?
SABIC has 4 investors. Key investors include Aramco, FEMA, European Union, and SABIC Agri-Nutrients.