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Solvay is investing an undisclosed amount in Longwater Advanced Materials Fund, a materials-focused venture capital fund based in Shanghai. Longwater works with Chinese start-ups developing sustainable chemistries for markets including automotive, electronics, and energy. “China is on the verge of becoming the world’s largest start-up ecosystem, building a new generation of large venture capital funds and high-tech companies,” says Stéphane Roussel, managing director of Solvay Ventures.
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