Hafnium Hafaway in S$20m tie-up with A*Star arm for specialty chemicals sub-sector

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.