NovoNutrients Raises US$18 million Series A led by Woodside Energy and co-led by CM Venture Capital

NovoNutrients Raises US$18 million Series A led by Woodside Energy and co-led by CM Venture Capital Funding to accelerate development of innovative carbon capture and utilization technology for sustainable protein production SUNNYVALE, Calif. – July 16, 2024  NovoNutrients, a biotech trailblazer transforming CO₂ emissions into premium protein, today announced the US$18 million successful first closing […]

CM Venture’s investment in InnoAero: a leap into AI-driven, space-age material discovery

CM Venture’s investment in InnoAero: a leap into AI-driven, space-age material discovery After a year-long study of AI+Materials, CM Venture is leading a multimillion dollar A round for Innoaero, an AI material discovery specialist in the field of metal alloys. Known for its rapid iteration and shortened development cycles, InnoAero’s technology has been validated by […]

Econic and Changhua Chemical break ground on world’s first 80,000-ton plant in China for polyols made from renewable carbon

Econic and Changhua Chemical break ground on world’s first 80,000-ton plant in China for polyols made from renewable carbon Econic’s partner, Changhua, has officially started construction of the world’s first 80,000-ton manufacturing site for sustainable polyols (key element for polurethanes & coatings) made from renewable carbon. The plant will produce Carnol™®, a PCE polyol with […]

Unilever partners with Econic to develop CO2-based cleaning products

Unilever partners with Econic to develop CO2-based cleaning products Unilever is partnering Econic Technologies – a CM portfolio startup which owns a proprietary tech to transform waste CO2 into functional products and surfactants – to cut down the use of fossil-based and palm-based raw materials in their cleaning and laundry products. This article author is Unilever, […]

CM Venture’s 2024 Shanghai Carbon Neutrality Expo booth with Enwise, Econic & Sengong

CM Venture’s 2024 Shanghai Carbon Neutrality Expo booth with Enwise, Econic & Sengong The CM Venture Capital team was part of the 2024 Shanghai International Carbon Neutrality Expo from 5-8 June. With China leading the way in clean energy generation – wind power and PV power generation ranking number one globally – the event features nearly 600 exhibitors from […]

Portfolio startup Skysys completes its RMB 100 million B-round

CM Venture’s portfolio startup Skysys completes its RMB 100 million (~15 mil USD) B-round Round was led by Guangdong Technology Financial FOF and Lingang Frontier Artes Yangzhou Fund. A-round investors Ningbo Nordent Venture Capital and Suzhou Industrial Park Leader Venture Capital will follow up. Angel round investors CM Venture Capital, Lighthouse Capital, and Ivy Capital […]

CM Venture meets 8 world-class institutions in Singapore

CM Venture meets 8 world-class institutions in Singapore CM Venture Capital’s CEO Dr Min Zhou and Marketing Director Xavier Wong have just completed a 2-day trip in Singapore on 23-24 May to meet with eight potential partners: SGX Group 65 Equity Partners by Temasek GenZero by Temasek Vertex Holdings Enterprise Singapore (Startup SG) Temasek Foundation […]

Econic signs MOU with Sanyo Chemical to advance CO2-based polyols

Econic signs MOU with Sanyo Chemical to advance CO2-based polyols Click here for Econic press release Macclesfield, England, UK Econic, a CM Venture portfolio company focused on making use of renewable carbon, has signed a memorandum of understanding with Sanyo Chemical. The companies will assess Econic’s technology for the production of CO2-based polyols for use […]

Averatek is rebranded as LQDX

Averatek rebranded as LQDX Averatek, a CM portfolio startup and a maker of high-performance materials for advanced semiconductor manufacturing, announced on 12 April that it has relaunched as LQDX (‘lik-WID-ix) to focus on the rapid adoption of its Artificial Intelligence enabling chemistries and process technology. Official LQDX press release here LQDX (formerly Averatek) develops and […]