Westlake Innovations, a subsidiary of Westlake Corporation, announced it has invested in the Blackhorn Industrial Impact Fund II. This fund seeks to invest in 40 capital-efficient companies that will enable the decarbonization of the toughest-to-transition sectors in the U.S. economy.
Westlake’s action builds on the company’s commitment to helping develop a more sustainable future with continuous improvement of its own manufacturing and strategic investments in innovative technologies and startup firms.
This fund is managed by Blackhorn Ventures, an industrial innovation investment company that focuses on sectors including energy; transportation and logistics; and the built environment.
This firm is focused on investing in visionary companies that are changing how industries use resources like leveraging breakthroughs in engineering and science to define new standards of efficiency.
In the last five years, Blackhorn Ventures has built a portfolio of 65 companies, making a material impact on the nation’s largest and highest-emitting industrial sectors: energy, transportation, buildings and construction, supply chain, and logistics. And Blackhorn-funded companies are benefiting from a drive to find savings in corporate America while addressing structural economic issues including the labor shortage, the housing shortage, supply chain resiliency, energy security, and the electrification of the nation’s transportation infrastructure.
This includes companies that are transforming enduring industries like construction, manufacturing, healthcare, agriculture, transportation, water, and energy.
