Henkel Invests in China-Based Material Science Fund
As limited partner of the fund, Henkel will strengthen its access to the fast-growing start-up scene in China.
Henkel Adhesive Technologies recently announced that it is strengthening its corporate venture capital activities by investing in the third fund of Richland Capital (Richland Capital Fund III), Beijing, China. Richland Capital is a leading investment firm for emerging technology in China, focusing on investments in advanced materials, high-end manufacturing equipment, and digital technologies, as well as digital business models.
As limited partner of the fund, Henkel will strengthen its access to the fast-growing start-up scene in China, which has become a global hotspot for material science in recent years. Henkel will get access to an annual deal flow of more than 1,000 start-ups with strong deal-sourcing capabilities, providing innovative technologies with a strong focus on advanced materials and closely related digital business models.