Evonik invests in cleantech venture capital fund

Evonik Industries has invested in Emerald Technology Ventures’ (Zurich) Cleantech Fund III, the two companies announced today. The €100-million ($134 million) fund held its second closing today. The fund was established to invest in early- and expansion-stage companies in the energy, water, and materials sectors with a particular focus on Europe and North America.   Evonik, through the investment, gains access to innovative start-up companies with disruptive technologies in new materials and specialty chemicals, including energy technologies and...

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