Evonik's Corporate Venturing Activities

  • Author: ChemistryViews.org
  • Published: 10 February 2017
  • Copyright: Wiley-VCH Verlag GmbH & Co. KGaA
  • Source / Publisher: Evonik
  • Associated Suppliers: Evonik Industries AG, Essen, Germany
thumbnail image: Evonik's Corporate Venturing Activities

Evonik is investing in the Chinese “Hosen Capital Fund III". The Chinese private equity fund invests in leading businesses and technology companies with a focus on the agriculture and nutrition sector. The amount of the investment sum is confidential.

The company hopes to get access to partnerships with innovative technology start-ups in the Chinese agriculture and nutrition industry by expanding their engagement in one of the world’s most important venture capital markets. This should result in impulses for further business development of Evonik’s products and services in the area of animal nutrition.

Evonik plans to invest a total of €100 million in promising start-ups with innovative technologies and in leading specialized venture capital funds as part of its venture capital activities. Regional focuses are Europe, the United States, and Asia. Currently, Evonik holds stakes in ten start-ups and five funds.


Article Views: 2147

Sign in Area

Please sign in below

Additional Sign In options

Please note that to comment on an article you must be registered and logged in.
Registration is for free, you may already be registered to receive, e.g., the newsletter. When you register on this website, please ensure you view our terms and conditions. All comments are subject to moderation.

Article Comments - To add a comment please sign in

If you would like to reuse any content, in print or online, from ChemistryViews.org, please contact us first for permission and consult our permission guidance prior to making your request

Follow on Facebook Follow on Twitter Follow on YouTube Follow on LinkedIn Follow on Instagram RSS Sign up for newsletters

Magazine of Chemistry Europe (16 European Chemical Societies) published by Wiley-VCH