• Gustavo Bernal Torres

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.

Source: https://www.businesstimes.com.sg/garage/biotech-startup-rwdc-industries-raises-us951m-in-series-b2-funding


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