Hafnium Hafaway in S$20m tie-up with A*Star arm for specialty chemicals sub-sector
The aim is to jointly identify IPs for specialty chemicals that are "ripe for commercialisation"
Ng Ren Jye
Singapore
SINGAPORE'S Agency for Science, Technology and Research's (A*Star) newly-rebranded commercial arm, A*ccelerate and private equity (PE)-backed Hafnium Hafaway will pump up to S$20 million to bring to market innovations in the specialty chemical sub-sector.
This is one of several partnerships unveiled between A*ccelerate and private investors that pool together over S$85 million in co-funding for the co-creation of 'deep-tech' startups in, among other areas, specialty chemicals, Internet of Things and artificial intelligence.
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