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Evonik Industries AG Rellinghauser Straße 1-11 45128 Essen, Germany http://www.evonik.com
Contact Ms Alexandra H. Boy +49 201 1773167
Company logo of Evonik Industries AG
Evonik Industries AG

Evonik plans to invest up to €100 million in venture capital activities over the medium term

Investments planned in innovative technologies and business activities

(PresseBox) (Essen, )
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- Corporate venturing partnerships proposed in Europe, the U.S., and Asia
- Establishment of a corporate venturing unit

Evonik Industries plans to further strengthen its innovation capacity over the medium and long terms. To this end, the Group is establishing a new organizational unit, Corporate Venturing, within its unit Innovation Management. Through Corporate Venturing, Evonik plans to invest a total of up to €100 million over the medium term in highly promising start-ups and leading specialist venture capital funds. These investments will focus on Europe, the U.S., and Asia.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.