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Investments

10

Portfolio Exits

2

Funds

1

About Sinopec Capital

Sinopec Capital was jointly funded and established by China Petrochemical Corporation and China Petroleum & Chemical Corporation. It focuses on the investment in strategic emerging industries such as new energy, new materials, energy conservation and environmental protection, high-end intelligent manufacturing, big data, and artificial intelligence.

Sinopec Capital Headquarter Location

22nd Floor, East Tower, World Financial Center, No. 1, East Third Ring Middle Road, Chaoyang District

Beijing, Beijing, 100026,

China

+8610-56633668

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Latest Sinopec Capital News

Sinopec Capital invests in LanzaTech

Apr 21, 2021

Sinopec Capital invests in LanzaTech LanzaTech’s platform takes pollution and recycles it, eliminating single-use carbon. Examples of the uses of the technology include taking steel mill emissions in China and unsorted, unrecyclable household waste in Japan and converting these wastes to ethanol which can be further converted to sustainable aviation fuel or polyethylene for consumer goods. Of particular interest to Sinopec is LanzaTech’s synthetic biology capability which enables the production of chemicals directly from waste carbon, rather than via a building block such as ethanol. Over 50 chemicals have already been demonstrated, including continuous production of acetone and isopropyl alcohol at pilot scale. When products made via this carbon recycling process reach the end of their useful life, they can go unsorted and uncleaned to a LanzaTech facility and be converted back into a gas stream and recycled repeatedly without losing any of the properties of the original material. This locks carbon into a cycle and supports a transition to a circular economy, an area of focus in China’s State Council guidelines released in February to develop a green and low-carbon circular economy, emphasizing energy and resource conservation at all levels. The transaction aligns with China’s commitments to promoting energy system transformation and reforming its entire economic and social system to achieve the goal of carbon neutrality and the US-China collaboration in the development of climate solutions

Sinopec Capital Investments

10 Investments

Sinopec Capital has made 10 investments. Their latest investment was in Aulton as part of their Series B on September 9, 2021.

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Sinopec Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/29/2021

Series B

Aulton

$231.81M

Yes

5

8/4/2021

Seed VC - II

Star Oil Technology

Yes

4

8/3/2021

Series A

Hydrosys

Yes

1

8/3/2021

Series A - II

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$99M

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10

6/18/2021

Corporate Minority

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$99M

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10

Date

9/29/2021

8/4/2021

8/3/2021

8/3/2021

6/18/2021

Round

Series B

Seed VC - II

Series A

Series A - II

Corporate Minority

Company

Aulton

Star Oil Technology

Hydrosys

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Amount

$231.81M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

5

4

1

10

10

Sinopec Capital Portfolio Exits

2 Portfolio Exits

Sinopec Capital has 2 portfolio exits. Their latest portfolio exit was Manbang Group on June 22, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/22/2021

IPO

$991

3

00/00/0000

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$991

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10

Date

6/22/2021

00/00/0000

Exit

IPO

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Companies

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Valuation

$991

$991

Acquirer

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Sources

3

10

Sinopec Capital Fund History

1 Fund History

Sinopec Capital has 1 fund, including 恩泽基金 (Enze Fund).

Closing Date

Fund

Fund Type

Status

Amount

Sources

恩泽基金 (Enze Fund)

Closing Date

Fund

恩泽基金 (Enze Fund)

Fund Type

Status

Amount

Sources

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