Chemicals provider Evonik has made a strategic commitment to the China-based, agriculture and nutrition-focused Hosen Capital Fund III.
Chemicals producer Evonik provided an undisclosed amount of financing on Monday for Hosen Capital Fund III, the latest fund to be raised by China-based private equity firm Hosen Capital.
Hosen invests in companies developing technology focused on agriculture and nutrition, an area of interest to Evonik because of its own work on animal nutrition products and services, and the prospect of accessing Chinese startups operating in the space.
Bernhard Mohr, Evonik’s head of venture capital, said: “With our investment in…
