
SLB
Description
SLB, formerly known as Schlumberger, has established itself as a significant player in the venture capital landscape through its corporate venture arm, SLB Ventures. Launched in 2022, SLB Ventures is an evergreen fund dedicated to investing in early-stage companies at the forefront of the energy transition. Its primary focus areas include new energy technologies, digital solutions, and deep-tech innovations that align with SLB's strategic vision for a sustainable energy future. The fund aims to accelerate the development and deployment of disruptive technologies that can decarbonize industries and enhance energy efficiency.
The investment strategy of SLB Ventures is centered on providing capital and strategic support to promising startups, typically participating in Series A and Series B funding rounds. The fund explicitly targets investments ranging from $1 million to $20 million, reflecting its commitment to nurturing nascent companies with high growth potential. Beyond financial backing, SLB Ventures often offers portfolio companies access to SLB's extensive global network, technical expertise, and market reach, fostering synergistic relationships that can accelerate product development and market penetration. This approach allows SLB to gain insights into emerging technologies while helping startups scale.
SLB Ventures' portfolio spans a diverse range of innovative solutions crucial for the evolving energy landscape. This includes companies developing advanced energy storage solutions, hydrogen production technologies, carbon capture and utilization, geothermal energy, and digital platforms that optimize energy operations. By strategically investing in these areas, SLB reinforces its commitment to leading the energy industry's transformation. The fund's proactive engagement underscores SLB's dedication to fostering innovation and building a more sustainable and efficient energy ecosystem for the future.
Investor Profile
SLB has backed more than 38 startups, with 3 new investments in the last 12 months alone. The firm has led 12 rounds, about 32% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Canada.
- Strong thematic focus on Manufacturing, Energy, Robotics.
- Led 2 rounds in the past year.
- Typical check size: $1M – $20M.
Stage Focus
- Series B (26%)
- Series A (21%)
- Series C (13%)
- Series D (11%)
- Series Unknown (8%)
- Post Ipo Equity (5%)
- Debt Financing (3%)
- Seed (3%)
- Series G (3%)
- Corporate Round (3%)
Country Focus
- United States (68%)
- United Kingdom (11%)
- Canada (8%)
- Australia (5%)
- Germany (3%)
- Norway (3%)
- Belgium (3%)
Industry Focus
- Manufacturing
- Energy
- Robotics
- Aerospace
- Battery
- Oil And Gas
- Renewable Energy
- Industrial Automation
- Sustainability
- Chemical
Frequently Asked Questions
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