About Solvay
Solvay is a company based in Brussels (Belgium) founded in 1863.. Solvay has completed 5 acquisitions, including Chemlogic, Dhaymers and Fournier Industries. Solvay offers products and services including Soda Ash, Sodium Bicarbonate, and Peroxygens.
- Headquarter Brussels, Belgium
- Stage Public
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Sectors
Chemicals & Materials
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.39 M (USD), Grant
Apr 19, 2024
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Investors
European Union
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Chemlogic
& 4 more
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Products & Services of Solvay
Solvay offers a comprehensive portfolio of products and services, including Soda Ash, Sodium Bicarbonate, and Peroxygens. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Used in glass production and industrial applications worldwide
Applied in food processing and healthcare sectors
Utilized for bleaching and disinfection processes
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Software Development Team
101 people
Leadership Team
49 people
Sales and Marketing
43 people
Finance and Accounting
26 people
Product Management Team
18 people
Senior Team
13 people
Operations Team
11 people
Head Team
10 people
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Funding Insights of Solvay
- Total Funding Total Funding
- Total Rounds 44
- Last Round Grant — $1.4M
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First Round
First Round
(19 Jun 2007)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Grant - Solvay | Valuation |
investors |
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| Apr, 2024 | Amount | Grant - Solvay | Valuation |
investors |
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| Dec, 2023 | Amount | Grant - Solvay | 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 Solvay
Solvay has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include European Union, GrandEst and BAFA. 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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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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Access and development services for government programs are provided.
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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 Solvay
Solvay has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Chemlogic, Dhaymers and Fournier Industries. 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 |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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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Customized chemicals are manufactured and supplied for various industries.
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2002 | ||||
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Conductive polymers and inks are developed for electronic printing applications.
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2002 | ||||
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Advanced materials and sustainable solutions are developed for diverse sectors.
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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 - Solvay
| 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 |
Solvay Comparisons
Competitors of Solvay
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Solvay
Frequently Asked Questions about Solvay
When was Solvay founded?
Solvay was founded in 1863 and raised its 1st funding round 144 years after it was founded.
Where is Solvay located?
Solvay is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
What does Solvay do?
Manufacturer of inorganic chemicals and advanced materials. Its products include amines, antioxidants, stabilizers, barium and strontium derivatives, peroxygens, polymers, sodium derivatives, solvents, surfactants, etc. Its products have applications in automotive and aerospace, consumer goods and healthcare, energy and environment, electricity and electronics, building and construction industry. The company had partnered with Solar Impulse in 2009 and contributed its research and development resources to their solar-powered airplane project. In 2022, the company recorded annual revenues of 16.63B and a net profit of 1.89B.
What products or services does Solvay offer?
Solvay offers Soda Ash, Sodium Bicarbonate, and Peroxygens.
How many acquisitions has Solvay made?
Solvay has made 5 acquisitions, including Chemlogic, Dhaymers, and Fournier Industries.
Who are Solvay's investors?
Solvay has 8 investors. Key investors include European Union, GrandEst, BAFA, Ministry of Economy, Finance and Industrial and Digital Sovereignty, and OSTI.GOV.
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