#Sustainability
BASF Venture Capital invests $5 million in China Environment Fund IV
+China Environment Fund (CEF) is a fund focused on clean technology managed by Tsing Capital
+CEF invests in companies which develop sustainable technologies within wide spectrum of cleantech sector in China
“China has a large number of highly innovative and sustainable technology companies of great strategic importance for BASF. Our participation in CEF IV enables us to set up joint activities with these companies in China. We also gain better access to technology areas of future potential and innovative chemical system solutions in the field of new materials,” said Johnnie Yuen, Regional Head at BASF Venture Capital in Asia Pacific. CEF has already demonstrated its performance track record in its three existing funds. “The performance to date and the outstanding fund management were further reasons for us to participate in CEF IV,” added Yuen.










