CoorsTek, JSR, Mitsubishi Chemical, Sekisui Chemical, Henkel and Lam Research have contributed as Pangaea's latest fund reaches about halfway towards its $80m target.
Canada-based venture capital firm Pangaea Ventures has raised about half of the C$105m ($80m) target set for its fourth fund, with its limited partners including several corporate backers.
Ceramics product maker CoorsTek, petrochemical product manufacturer JSR Corp, chemicals producers Mitsubishi Chemical Holdings and Sekisui Chemical, consumer goods provider Henkel Corp and semiconductor technology supplier Lam Research Corp are all among the LPs.
Pangaea makes strategic investments in advanced materials technology developers in the energy, electronics, health and sustainability sectors. Should…