The new energy-focused fund has added Air Liquide's corporate venturing unit to limited partners including CMA CGM and Total Carbon Neutrality Ventures.
Aliad, the corporate venturing subsidiary of France-based industrial gases provider Air Liquide Group, has made its first commitment to a China-focused fund targeting the energy transition.
Cathay Smart Energy Fund had already received backing from oil and gas supplier Total’s Carbon Neutrality Ventures unit, shipping services firm CMA CGM, Hubei Provincial High Technology Industry Investment Group and Wuhan Jingkai Industry Investment Fund Management.
The fund was set up by investment manager Cathay Capital in 2018 and focuses on energy platforms, energy…
