Announced
Completed
Financials
Sources
Tags
Friendly
Venture Capital
Acquisition
Singapore
Biotechnology
Private Equity
Completed
Minority
Single Bidder
biotechnology company
Private
Synopsis
RWDC Industries, a Singapore-based biotech start-up, raised $133m in a Series B funding round. The investment was co-led by Vickers Venture Partners,a global venture capital firm, Flint Hills Resources, an energy and resources company, CPV/CAP Pensionskasse Coop, the pension fund of Switzerland’s largest retail company, and International, a fund linked to Interogo Holding. Other participating investors include existing investors Eversource Retirement Plan Master Trust, the pension fund of Eversource Energy, and WI Harper Group, a pioneer of US-Asia cross-border VC investing. "RWDC exemplifies the kind of company we support – passionate about problem solving and creating positive social impact. We believe RWDC has the potential to make an enormous difference in solving the global plastics problem, and we’re proud to continue supporting the company and its leadership," Finian Tan, Vickers Venture Partners. Founder and Chairman
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