Pfizer, LG, Corning, W L Gore, Showa Denko, Nissan Chemical and Nagase & Co were among the limited partners for the materials-focused VC firm's latest fund.
US-based venture capital firm Phoenix Venture Partners (PVP) closed a fund of undisclosed size on Monday backed by corporates Pfizer, LG, Corning, W L Gore, Showa Denko, Nissan Chemical and Nagase & Co.
Pharmaceutical firm Pfizer, ceramics product maker Corning, materials manufacturer W L Gore and chemical producers Showa Denko, Nissan Chemical and Nagase invested directly while electronics producer LG supplied capital through LG Technology Ventures.
PVP III’s other limited partners (LPs) included new and existing unnamed financial institutions, family…
