Pangaea Ventures adds Asahi Glass, Umicore and Bekaert

Pangaea Ventures Ltd. announced today that Asahi Glass, Umicore and Bekaert have invested in Pangaea Ventures Fund II, LP. These strategic Limited Partners join existing strategic investors BASF Venture Capital, Solvay, Ciba Specialty Chemicals and Toyota Tsusho America. The fund is focused on cleantech and advanced materials and has closed with US$32 million in commitments, according to a CanadaIT.com report Aug. 4.