Solvay and Korean Partners Invest €26 Million in Technology Venture Capital Fund

Solvay says it will participate jointly with Korea Venture Investment (Seoul) and AJU IB Investment (Seoul) in the Korea Advanced Materials Fund, a technology venture capital fund that will take participations in start-ups with promising technologies. The fund will focus on renewable energy, printed electronics, clean technologies & green chemistry. Solvay will invest won20 billion (€13 million) and Korea Venture Investment and AJU IB Investment will each invest won10 billion (€6.5 million) in the Korea Advanced Materials Fund. The fund will be managed by...

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