Corporate Venture Capital

Our Vision

We partner with visionary entrepreneurs who are at the forefront of innovation and disruption in their industries. Our goal is to support BAT’s ambitious transformation agenda towards A Smokeless Future.

Our focus is on four key investment areas:

• Reduced-Risk Profile Nicotine Products – brands, products, and technologies that support the transition of tobacco consumers to smokeless alternatives and provide superior consumer experiences
• Functional Drinks & Snacks – emerging consumer brands and technologies operating within the Wellbeing & Stimulation space, focused on enhancing consumer lifestyles.
• Technology And Emerging Capabilities:  technologies that enhance consumer experience, accelerate brand growth, or improve operational efficiency. Areas of exploration include R&D, Consumer Experience, Manufacturing & Operations, and Supply Chain.
• Impact & Sustainability – businesses to accelerate BAT’s ESG strategy. Areas of focus include Circularity, Sustainable Materials, Waste Reduction, AgTech and Carbon Footprint Reduction.