Biotech startup RWDC Industries raises US$95.1m in Series B2 funding
A special highlight for our Singapore edition this week
The injection of funds, which takes total funding in the sustainable materials developer to US$208 million, will help the firm scale up in the US and start production in Singapore to speed adoption of its biodegradable biopolymer material for consumer packaged goods.
The firm is currently in discussions with Singapore authorities to secure a site, it pointed out. When ready, the plant here will be the first of such facilities in the region, it added.