Cycle Capital establishes strategic presence in China's Qingdao
Canadian cleantech venture capital firm Cycle Capital Management has partnered with Qingdao City Construction Investment Group to invest in cleantech companies and establish a venture capital fund in Qingdao, China. The partnership will also create new opportunities in Qingdao for two portfolio companies of Cycle Capital: Enerkem Inc, a waste-to-biofuels and chemicals producer, and Eocycle Technologies Inc, developer of a direct drive alternator for wind turbines. Based in Montréal, Cycle Capital has $230 million in assets under management.
28 October 2014•3 mins read
