Biodegradable plastics maker RWDC snags fresh funds of US$133m
Claudia Chong
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, US-based energy and resources firm Flint Hills Resources, Swiss pension fund CPV/CAP Pensionskasse Coop, and Luxembourg-based alternative investment fund International SA.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.