ALIAD, the Venture Capital arm of the Air Liquide Group, expands its footprint in Asia by investing for the first time in China, while strengthening its position in the energy transition through an equity investment in the Cathay Smart Energy Fund. Since its creation in 2013,
ALIAD has invested in the Cathay Smart Energy Fund(CSEF), a venture capital fund dedicated to the energy transition in China.
The CSEF has identified numerous innovative companies that are reshaping the energy sector in order to design an efficient and low-carbon industrial landscape. It has already carried out its first investment in ALLSENSE Technology, an innovative IoT solutions provider currently specialized in the digitization and optimization of China’s thermal power industry.
ALIAD has made more than 35 investments globally for a total commitment of around 100 million euros. |