BASF Venture Capital Invests Funds In Canada's Quantiam Technologies

摘要

Ludwieshafen- BASF Venture Capital GmbH has invested C$3-million in Quantiam Technologies Inc., a Canadian firm that develops and markets functional coatings for extreme operating environments such as petrochemical industry applications. In addition, private investment fund Ursataur Capital Management LP has contributed the same amount. Quantiam plans to use the additional C$6-million to fund growth, specifically expanding its production facility to commercial use.