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RWDC Industries raises US$22m in Series A3 funding round

The funds will mainly be used to research ways to eliminate single-use plastic

Claudia Chong

Published Wed, Apr 24, 2019 · 09:50 PM

Singapore

RWDC Industries, a Singapore-based biotech startup, has raised US$22 million in an oversubscribed Series A3 round led by Singapore-based venture capital firm Vickers Venture Partners and Eversource Retirement Plan Master Trust, the pension fund of US-based energy firm Eversource Energy.

Other participants in the round include previous investor WI Harper Group, an early and expansion-stage venture capital firm with offices in Beijing, Taipei and San Franci…