BASF eyes mainland investment opportunities

BASF, the world’s biggest chemical maker, is considering opening an investment office in Beijing or Shanghai as China begins to spawn its own technology start-ups. Dirk Nachtigal, head of the company’s venture-capital arm, visits China twice a year and has identified universities as a likely source of early-stage, high-potential opportunities, he said. The unit recently invested in its first fund there, he said.
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