Apadana Ventures

The Pasargad Energy Development Company (PEDC), as a pioneer and integrated player in the value chain of energy and petrochemical in Iran and the region, actively, responsibly and sustainably invests and manages a diversified portfolio of products and services in the form of projects, assets, transmission and distribution networks, refineries, petrochemical industries and power plants. One of the strategy’s pillars of our company is to “create strategic partnerships” with the main players of the industry in order to build a better, stronger, more stable, and higher- performing corporation. Act as a social responsible company by providing energy to develop the country’s industry is our fundamental values, which we through it make value to our stakeholders. With innovative and transformative approach, Now is the time to shape the future of Energy sector by investing in energy tech startups of Upstream, Downstream, Energy Efficiency, Renewable Energy, etc. Founded by PEDC and its partners (OIIE and DANA energy co.) in early 2019, “Apadana Ventures” is the first VC firm in Iran which is completely dedicated to investing in tech startups of the energy value chain. Financial resources, deep knowledge of the industry and long-standing network of strategic partners, places “Apadana Ventures” in a standout position comparing with few competitors of its kind in the region. We are committed to developing the internal energy startups ecosystem, with an admirable effort to build an energy-related business, leaving a legacy for tomorrow.