AAA Kowen comes to Evonik Venture Capital

Kowen comes to Evonik Venture Capital

Evonik Venture Capital (EVC), the corporate venturing subsidiary of Germany-listed speciality chemicals provider Evonik Industries, has named Joseph Kowen an Israel-based venture partner.

Kowen is a business development consultant at professional services firm Wohlers Associates, where he offers advice on additive manufacturing and 3D printing technologies.

Lars Böhnisch, an investment manager at EVC, said the unit is seeking to accelerate its deal flow in the Israeli innovation ecosystem, form strategic partnerships and explore investment opportunities covering coatings and additives, personal care, animal nutrition and additive manufacturing.

“We have appointed Joseph Kowen to support us in this respect,” Böhnisch added. “Joseph and I will work very closely together, discuss the opportunities presented to us and ensure timely feedback.”

EVC closed its second fund sized at approximately $170m in February 2019, and its portfolio includes Israel-based printing technology developers Castor Technologies and Velox.

Kowen is concurrently a principal at additive manufacturer Intelligent AM, having previously worked for peers Massivit 3D Printing Technologies and Voxeljet. He also co-founded iDent Imaging, a producer of 3D-printed dental surgical guides, in 2005.

Photo of Joseph Kowen courtesy of LinkedIn.

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.

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