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Investment
Solvay invests in Chinese venture capital firm
by Alex Scott
April 26, 2019
| A version of this story appeared in
Volume 97, Issue 17
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.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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