Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | CleanTech • Material Science |
Stages | Seed, Startup, Early Stage |
Investing | United States • Germany • Europe • Asia |
Investment Range | €5,000,000 |
Assets Under Management | €100,000,000 |
Evonik Venture Capital GmbH is a venture capital fund operating out of Rodenbacher Chaussee 4, Hanau, Germany, with a focus on investing in promising startups and early-stage companies within the CleanTech and Materials Science industries. The fund demonstrates expertise in Equity investments and Fund of Funds operations, positioning itself as a strategic investor in innovative and high-growth potential areas. Their investment criteria is robust, with a minimum investment size of 5 million Euros, signifying a considerable investment capability aimed at making a significant impact on their portfolio companies. As a Venture Capital Fund, Evonik Venture Capital GmbH manages assets totaling 100 million Euros and leverages this financial muscle to fuel growth and development in their specialty areas. Their investment approach is geared towards businesses that are in the seed to early-stage phases. They offer entrepreneurs not only capital but also their network and industry expertise to help these companies scale and succeed in their respective markets. Evonik thus plays a pivotal role in fostering innovative solutions that align with their broad engagement in sectors like CleanTech, implying a commitment to sustainability and cutting-edge developments in material science. Their approach goes beyond traditional chemistry, as outlined in their website's content; Evonik seeks to drive innovation for profitable and sustainable solutions across a multitude of sectors including agriculture, automotive, energy, and healthcare, to name a few. The fund is part of a larger organization that prides itself on leading beyond chemistry to improve life today and tomorrow, which resonates with their investment thesis of backing transformative and forward-thinking ventures.