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Natalia Mykhaylova, Brett Mather, Jean Guy and others are enlisted in the challenge
PMI Open Innovation Challenge
PMI Open Innovation Challenge
Accelerating our Ecosystem to design a Smoke-Free Future
This challenge is open to pan Asian startups with focus on Indonesia, Philippines, Vietnam, Thailand, India, Singapore and Hong Kong.
Philip Morris International
Philip Morris International is a leading international tobacco company, with a diverse workforce of around 77,000 people who hail from every corner of the globe.
We are committed to being a great employer. We strive to be environmentally and socially responsible. We are dedicated to fighting the illegal cigarette trade. We proudly support the communities where we source tobacco and where our employees live and work.
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| 77,000 | 400+ | 180+ |
| Employees around the world | R&D scientists, engineers, and technicians working on smoke-free products | Markets where our products are sold |
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| 150 | 6 | 46 |
| Million consumers worldwide | of the world's top international 15 brands, including Marlboro | Production facilities worldwide |
We are dedicated to doing something very dramatic - we want to replace cigarettes with smoke-free products as fast as possible. That's why we have more than 400 scientists, engineers, and technicians developing less harmful alternatives to cigarettes at our two research facilities in Switzerland and Singapore. It's the biggest shift in our history. And it's the right one for our consumers, our company, our shareholders, and society.
PM Equity Partners
PM Equity Partner is the Corporate Venture Capital Fund of Phillip Morris International.
We invest in entrepreneurs and growth companies that share our vision of profitable sustainability and sustainable profitability. As a long-term investment partner our support includes scientific substantiation, business development and marketing excellence. The Fund focuses on the following areas of investment: Environmental health, Human Health, Healthier FMCG as well as innovative technologies that can drive efficiencies across the PMI value chain.
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| US$ 150 million | 2015 | 10 |
| Capital commitment | Inception date | Portfolio Companies |
10 Team members with expertise in Finance, Science, Digital and Legal - based in Switzerland with out-posts in Hong Kong and New York.