Win in venture capital fund
German chemical giant winning group has expanded its venture capital into Asia and invested in the Chinese GRC SinoGreen Fund III (GRC III) Fund. The venture capital investment fund focuses on greater China and materials related startups, and invests in green enterprises with unique advantages and substantial growth potential. The target industry includes energy and resource efficiency, clean transport, sustainable development and climate change mitigation and adaptation. "By investing in GRC III, we have opened the door to the rapid growth of the greater China region," said Bernhard Mohr, the winner of the winner. "Start-up companies and venture capital funds and innovative cooperation helps me group of open innovation strategy, to speed up new business development and create a chance to open the new growth areas," he added. As part of its venture capital initiative, the winner plans to invest 10 billion euros in the start-up's innovative technology and leading professional venture capital fund. The investment zone is focused on Europe, the us and Asia. The winner currently invests in eight start-ups and four funds. Asia has emerged as the world's third most powerful region, with China accounting for about two-thirds of Asia's investment activity.
