Belgium-based private equity firm Capricorn Venture Partners has completed with 86.5 million euros ($98.7 million) in the final close of its sustainable chemistry fund.
The new fund, Capricorn Sustainable Chemistry Fund, will invest in early and growth stage businesses in the sustainable chemistry field.
The investments came from Japanese speciality chemicals company Toyobo, ASR Insurance, Belfius Insurance and family offices.
Capricorn Venture said the funds raised will add more than $34.2 million to its committed capital.