Asahi Glass Company, Asahi Kasei Innovation Partners, Bekaert, 9th Street Investments (a CoorsTek affiliate), JSR, Mitsubishi Chemical, Murata Manufacturing Company, Nitto Denko and Sabic Ventures commit to $50m first close.
Pangaea Ventures, a Canada-based venture capital firm focused on early-stage companies in advanced materials, has made a $50m first close on its third fund with a host of corporations as investors.
As part of the fundraise, Keith Gillard has joined Pangaea as a general partner after previously managing chemicals company BASF’s corporate venturing operations out of Silicon Valley, California.
Limited partners (LPs) in Pangaea Ventures Fund III, which is targeting $100m, include Asahi Glass Company, Asahi Kasei Innovation…
