ExxonMobil wanted to open up new business areas and business models in Europe based on new technologies. The focus was on sustainable and future-oriented technologies.
The search targeted startups whose solutions use resources more efficiently and enable new forms of value creation.
Systematic Scouting With Access to the UnternehmerTUM Ecosystem
Together with ExxonMobil, we defined the innovation focus areas and aligned them with strategic priorities. We then scouted the European startup landscape systematically and evaluated technologies, business models, and teams in a structured way.
Regular updates, curated reports, and standardized startup profiles ensured transparency. The result was a prioritized pipeline of startups with a particularly strong fit for ExxonMobil.
More Technology Leads Than Planned and a Shortlist for Next Steps
The scouting exceeded the targets for new technology leads. This gave ExxonMobil access to startups that had not been on its radar before. It also produced a comprehensive overview of Europe’s innovation landscape and emerging technology trends, with strong activity in sustainability-driven technologies.
The structured shortlist forms the basis for collaborations, technology validation, and the development of new business areas.
Key Results
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More technology leads than planned
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Access to previously unknown startups
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Structured shortlist for collaborations and validation
