DSM Invests in Tsing Capital Environment Fund

Royal DSM, the global Life Sciences and Materials Sciences company, has invested in the 4th China Environment Fund of Tsing Capital in China. This is DSM's first venture capital fund investment in Asia. The China Environment Fund is a series of four funds, managed by Hong Kong based Tsing Capital. Financial details of the investment have not been disclosed.

Tsing Capital, founded in 2001, is an experienced VC fund focusing on cleantech in China. Backed by Tsinghua University, it has established broad industry networks and a strong brand name throughout the Asian VC markets. Tsing's dealflow covers a range of activities in both the life sciences and materials sciences sectors, including sustainable agriculture, food processing, bio-based materials and renewable energy.