RWDC Industries is on a mission to replace petroleum-derived materials with safe, sustainable alternatives. We have developed technology to harvest outputs of a microbial fermentation process using plant-based oils that produces a naturally occurring biodegradable polymer called PHA (or polyhydroxylalkanoate).
PHA’s are biopolymers naturally produced by microbial fermentation of plant-based oils or sugar. RWDC’s PHA — Solon — is certified by TÜV Austria to be fully biodegradable in soil, water and marine conditions. Solon is 100% biodegradable with no toxic residue.
Solon is a global solution to today’s plastic waste management challenge, and it's an ideal material for replacing petroleum-derived, single-use plastics — such as cutlery, cups, bags, plates and bowls.
Solon safely biodegrades in natural environments, leaving absolutely no harmful remains or byproducts.
PHA’s are biopolymers naturally produced by microbial fermentation of plant-based oils or sugar. RWDC’s PHA — Solon — is certified by TÜV Austria to be fully biodegradable in soil, water and marine conditions. Solon is 100% biodegradable with no toxic residue.
Solon is a global solution to today’s plastic waste management challenge, and it's an ideal material for replacing petroleum-derived, single-use plastics — such as cutlery, cups, bags, plates and bowls.
Solon safely biodegrades in natural environments, leaving absolutely no harmful remains or byproducts.
Location: United States, Georgia, Athens-Clarke County Unified Government
Employees: 51-200
Phone: +1 706-363-3040
Total raised: $263M
Investors 2
| Date | Name | Website |
| - | Vickers Ve... | vickersven... |
| - | WI Harper ... | wiharper.c... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 22.11.2021 | Series B | $95M | Vickers Ve... |
| 07.05.2020 | Series B | $133M | - |
| 24.04.2019 | - | $22M | - |
| 10.10.2018 | - | $13M | Vickers Ve... |
Mentions in press and media 23
| Date | Title | Description |
| 28.02.2024 | Data snapshot: Tracking a decade of growth in Bioenergy & Biomaterials, the top-funded agrifoodtech category of 2023 | Data Snapshot is a regular AgFunderNews feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new re... |
| 07.07.2023 | The A-List Investors: Top Celebrities Diving into the World of Startups | USA ~ Company: Remember when Captain America (played by Chris Evans) challenged Iron Man (played by Robert Downey Jr.) in the Avengers movie (2012), saying, “Big man in a suit of armor. Take that off, what are you?” Tony Stark, without miss... |
| 05.07.2023 | Beyond Plastics: The Rise of Innovative Alternatives to Tackle Packaging Waste | The search for sustainable packaging solutions has been intensifying as countries grapple to meet their net-zero goals. One promising avenue involves researchers exploring the potential of bacteria and enzymes to break down polyethylene ter... |
| 17.08.2022 | Data snapshot: Demand for sustainable fashion & packaging drives investment in biomaterials startups | Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re... |
| 25.11.2021 | The Week in Agrifoodtech: Bioplastics firm RWDC raises $95m; funds for mammal-free milk | This week, Singapore-based bioplastics company RWDC raised nearly $100 million to advance its sustainable material for consumer packaged goods. Meanwhile, two mammal-free milk startups scored sizeable rounds and a US-based indoor grower com... |
| 03.02.2021 | Robert Downey Jr. Invests $10M+ of Own Money on a Mission to Save the Planet | Actor Robert Downey Jr. has put at least $10 million of his own fortune into the launch of a new rolling venture investment fund called Footprint Coalition Ventures. The investment focus areas listed so far are bamboo (MISSION: Build the wo... |
| 02.02.2021 | Robert Downey Jr. Launches Venture Fund To ‘Catalyse’ Sustainable Tech Investment | 93 1 94 Shares 3 Mins Read Hollywood actor Robert Downey Jr. has formed a new venture fund focused on sustainable technology. Launched on AngelList, the new rolling fund FootPrint Coalition Ventures aims to “catalyse more capital” to multip... |
| 02.02.2021 | ‘Iron Man’ launches new venture fund for sustainable tech | Renowned actor, known for his role as Iron Man in the popular Marvel series, Robert Downey Junior has launched Footprint Coalition Ventures, a new venture capital fund focused on investing in sustainable tech startups. Robert Downey Junior... |
| 02.02.2021 | ‘Iron Man’ launches new venture fund for sustainable tech | Renowned actor, known for his role as Iron Man in the popular Marvel series, Robert Downey Junior has launched Footprint Coalition Ventures, a new venture capital fund focused on investing in sustainable tech startups. Robert Downey Junior ... |
| 27.01.2021 | Robert Downey Jr. backing Seattle bamboo toilet paper maker Cloud Paper as part of new VC effort | (Cloud Paper Photo) Iron Man is a softy for sustainable toilet paper. Actor Robert Downey Jr. launched two venture funds on Wednesday focused on sustainable technology, and one of the companies he’s backing is Seattle-based startup Cloud Pa... |
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