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41 Amsterdam-based Avantium raises €84.8M to commercialise plastic PEF and reach EBITDA break-even by 2027

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 1 place · today 07:06 EDT

Amsterdam-based Avantium raises €84.8M to commercialise plastic PEF and reach EBITDA break-even by 2027

Amsterdam-based Avantium, a company specialising in sustainable chemistry technologies,  announces it has raised a total of €84.8M. The rights offering raised €65.4M by issuing 12,103,283 new ordinary shares, with total demand reaching 14,010,507 shares, an oversubscription rate of 115.6 per cent. Of this, 10,536,570 shares were taken up through the rights offering, leading to a ... Read more

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