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Last updated on April 19, 2014 at 13:20 EDT

Emerald Technology Ventures Welcomes EVONIK, MAHLE and COFISA in the Second Closing of its Third Venture Fund

January 15, 2013

ZURICH and TORONTO, January 15, 2013 /PRNewswire/ –

Emerald Technology Ventures is pleased to announce the second closing of its third
venture fund with a target size of EUR100 million. As of December 21, 2012, the three
leading multinational corporations Evonik Industries, MAHLE and Cofisa (Sibelco) joined
existing investors including ABB, Clariant, Sulzer and family offices. The fund invests in
early and expansion stage companies in the energy, water and materials sectors.

“For more than a decade we have been a trusted partner for corporate investors and we
look forward to working closely with Evonik, MAHLE and Sibelco in the coming years,”
commented Gina Domanig, Managing Partner at Emerald. “At the same time, Emerald portfolio
companies leverage our relationships with these multinational players for quick technology
adoption, joint development of products & services, and international market access. This
advantage is a key success driver and ensures superior returns to our investors.”

“With our investment in Emerald Cleantech Fund III we have a strong partner with a
proven track record and with immediate relevance to our own business activities” explained
Dr. Bernhard Mohr, Head of Evonik Corporate Venturing. “Partnering with start-ups creates
excellent opportunities for accelerating the development of new businesses and opening up
future growth fields.”

Dr. Armin Messerer, Director Corporate Planning at MAHLE stated: “This investment
represents an essential step in strengthening the technology and innovation driven
business of MAHLE,” and Kai Engelhardt, Head of Venture Capital at the group added: “We
trust in the pronounced Cleantech expertise of Emerald and are looking forward to
collaborating with this excellent team.”

“Open innovation is a key avenue for Cofisa, a wholly owned subsidiary of industrial
mineral producer Sibelco, and given the Emerald competence and deal flow, this investment
represents an important pillar to support our efforts in partnering with external
start-ups,” concluded Sam Leese, Senior R&D Advisor at Sibelco.

About Evonik

Evonik, the creative industrial group from Germany, is one of the world leaders in
specialty chemicals. Its activities focus on the key megatrends health, nutrition,
resource efficiency and globalization. Profitable growth and a sustained increase in the
value of the company form the heart of Evonik’s corporate strategy. Evonik benefits
specifically from its innovative prowess and integrated technology platforms.

Evonik is active in over 100 countries around the world. In fiscal 2011 more than
33,000 employees generated sales of around EUR14.5 billion and an operating profit
(adjusted EBITDA) of about EUR2.8 billion.

www.evonik.com [http://www.evonik.com ]

About MAHLE

The MAHLE Group is one of the 30 largest automotive suppliers worldwide. As the
leading manufacturer of components and systems for combustion engines and its periphery,
the MAHLE Group is among the top three systems suppliers worldwide for piston systems,
cylinder components, valve train systems, air management systems and liquid management
systems. More than 49.000 employees work in over 100 production plants and eight research
and development centers. MAHLE achieved a turnover of more than EUR6 billion in 2011.

www.mahle.com [http://www.mahle.com ]

About Cofisa (Sibelco)

Cofisa is a wholly owned subsidiary of Sibelco – a Belgium based and family owned
company, operating since 1872 and producing minerals in 41 countries over 5 continents
from more than 200 operating sites. Sibelco minerals include but are not limited to
Silica, Feldspar, Clay and Kaolin, Limestone, Olivine and high-purity Quartz serving many
major applications, examples of which are glass, ceramics, energy, metals, functional
fillers for plastics and rubber, electronics and others.

www.sibelco.com [http://www.sibelco.com ]

About Emerald Technology Ventures

Emerald Technology Ventures is a globally recognized investor in the areas of energy,
water and materials. Founded in 2000, Emerald has been a venture capital pioneer in these
industrial sectors and has invested in fifty companies to date. From offices in Zurich,
Switzerland and Toronto, Canada, Emerald manages three venture capital funds and two
venture capital portfolio mandates totaling over EUR340 million (USD 450 million). Fund
investors include leading financial institutions, family offices and multinational
corporations.

www.emerald-ventures.com [http://www.emerald-ventures.com ]

For more information please contact:

        Hans Dellenbach
        Chief Financial Officer
        Seefeldstrasse 215
        8008 Zurich
        Switzerland
        Tel +41-44-269-61-23
        hans.dellenbach@emerald-ventures.com

SOURCE Emerald Technology Ventures


Source: PR Newswire