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People & Business :: Companies

DSM Invests in Environment Fund in China

10:42 AM MDT | September 26, 2012 | Sotirios Frantzanas

DSM says it has invested in the fourth China Environment Fund of Tsing Capital (Hong Kong). DSM has been investing in strategic funds through its venturing subsidiary for the past 10 years, but this is its first venture capital (VC) fund investment in Asia, the company says. The China Environment Fund is a series of four funds, managed by Tsing Capital, an experienced VC fund focusing on clean technology in China, the company says. Financial details of the investment have not been disclosed. The investment is in line with DSM's previously announced...

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