SG biotech firm RWDC raises $13m round co-led by Vickers, WI Harper

Photo by Ishan @seefromthesky on Unsplash

Singapore-headquartered RWDC Industries, a biotech startup that develops and produces commercially biodegradable bioplastic, has raised $12 million in a Series A2 funding round co-anchored by venture capital firms Vickers Venture Partners and WI Harper Group.

The latest financing will help RWDC accelerate the development of its polyhydroxyalkanoate (PHA) biodegradable biopolymers that it says can replace single-use plastics, the company said in a statement.

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