BASF Venture Capital invests in North American investment fund ARCH Venture Fund VII
BASF Venture Capital America Inc., Fremont, CA, has invested in ARCH Venture Fund VII - a venture capital fund managed by ARCH Venture Partners, Chicago, IL. ARCH invests at a very early stage in start-up companies from the material science, life science, as well as information technology and biotechnology sectors in North America. The majority of these start-ups have been spun off from universities or national research laboratories. The total volume of the ARCH fund will be roughly $400 million fund. BASF Venture Capital will invest $5 million. Other investors in the fund are primarily universities, pension funds and financial institutions.
"ARCH is one of the most-respected venture capital funds in the U.S., supported by an impressive management team. ARCH will complement our strategy of investing in innovative companies that are active in BASF Group's five growth clusters - energy management, raw material change, nanotechnology plant biotechnology and white (industrial) biotechnology," said Keith Gillard, Principal of BASF Venture Capital America.
In addition, BASF will benefit from ARCH's excellent network of more than fifty North American universities and national laboratories. This will allow BASF Venture Capital to gain information about new technology trends and attractive potential investments at an early stage.
Effective immediately, BASF and Neuss/Germany-based Gustav Grolman GmbH & Co. KG will start an exclusive collaboration in the marketing of amine-based curing agents of the Baxxodur® brand in Europe. Grolman will initially market the BASF specialty chemicals for the countries of Germany, Aus ... more
Scientists at the MPI-P Mainz, BASF Ludwigshafen, the University of Ulm, and Innovation Lab Heidelberg have developed a simulation toolkit for evaluating properties of organic light emitting diodes (OLEDs) based solely on their chemical composition. The package is integrated in the free sof ... more
The new Master Builders Solutions Training Center at BASF´s site in Oldenburg, Germany, has been officially opened yesterday. The opening ceremony took place in the presence of Ralf Spettmann, President of BASF´s Construction Chemicals Division, and Dr. Markus Kamieth, President of BASF´s C ... more
BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai ... more