Chinese environmental protection business raises $16m
Addor Capital has led a RMB110 million ($15.5 million) Series A round for Shandong-based Pengda Environmental Protection Technology.
Founded in 2012, Pengda manufactures carbon-based materials used as purification agents in areas including water, air, and gas. The company has an annual production capacity of 26,000 tons. Pengda claims...
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