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Xplor Ventures

Xplor Ventures is the corporate venture capital arm of PTTEP, focusing on investments in energy transition and decarbonization technologies. Based in Bangkok, it operates globally with a fund size of $100 million.

Founded
2022
Recorded stages
Series B Plus
Recorded regions
Southeast Asia, Global

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Overview

Xplor Ventures, founded in 2022, serves as the corporate venture capital arm of PTTEP, a leading energy company in Southeast Asia. The firm is dedicated to investing in innovative technologies that facilitate energy transition and support PTTEP's Net Zero 2050 ambitions. With over 50 years of experience in the energy sector and operations in more than 15 countries, Xplor Ventures targets Series B+ stage companies, leveraging PTTEP's competencies to foster collaboration, pilot testing, and project development for its portfolio companies.

Focus

Xplor Ventures primarily targets Series B+ stage companies that are innovating in the fields of energy transition and decarbonization. The organization seeks strategic returns from its investments and collaborates closely with portfolio companies to support their growth through pilot testing, project development, and leveraging PTTEP's operational assets.

Support

Xplor Ventures adds value to its portfolio companies by providing access to PTTEP's extensive operational assets and expertise in the energy sector. The firm supports collaboration, pilot testing, and project development, enabling startups to validate and commercialize their technologies effectively.

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