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Henkel injects capital into the Materials Science Fund in China

 Last Update: 2021-08-27
 Source: Internet
 Author: User

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Sinochem News.
com News on August 11, Henkel Adhesives Technology Business Department announced that the company injected capital into Woyan Capital Phase III Venture Capital Fund to further strengthen corporate venture investment activities
.

Woyan Capital is a Chinese emerging technology investment company focusing on investment in advanced materials, high-end manufacturing equipment, digital technology and digital business models
.

In recent years, as China has become a global material science hotspot, Henkel, as a limited partner of the fund, will enhance cooperation with China's fast-growing start-ups

Paolo Bavaj, head of Henkel Adhesive Technology Enterprise Venture Capital, explained that in the past few years, Henkel Adhesive Technology has been invested in several advanced materials venture capital funds around the world
.

As a limited partner of these funds, the company is exposed to project proposals from more than 3,000 start-up companies every year, focusing on advanced materials and related digital business models in North America, Europe, Israel and China

Henkel has a long and glorious history in adhesives, sealants, functional coatings and specialty materials
.

Henkel invested in Woyan Capital Phase III Venture Capital Fund, which will focus on investing in China's emerging technology industries, especially in the field of advanced materials

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