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Biodegradable plastics maker RWDC snags fresh funds of US$133m

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RWDC has about a dozen contracts in the pipeline, and at least six "very big clients" in industries such as quick-serve F&B, says Mr Wee.

Singapore

RWDC Industries, a Singapore-based company that produces biodegradable plastic, has raised US$133 million to ramp up production and research and development (R&D).

The two-stage Series B funding round was co-led by venture capital (VC) firm Vickers Venture Partners,...

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