SUBSCRIBERS

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

Claudia Chong

Published Tue, May 5, 2020 · 09:50 PM

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.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes