The diversified conglomerate intends to invest between $50m in areas such as energy, infrastructure, materials and environmental services each year.
The Heritage Group (THG), a diversified US-based holding company, has launched a corporate venturing unit called HG Ventures, through which it plans to invest $50m each year.
HG Ventures will make strategic investments in early and growth-stage companies in THG’s core sectors of infrastructure, materials, energy and environmental services. It does not have a specific fund size.
THG president Amy Schumacher said: “The Heritage Group has a long history of developing innovative solutions for its customers, and HG Ventures will…
