Blue Planet raises US$25 million from Nomura
Singapore and India - 25 March 2020 – Singapore headquartered Blue Planet has raised US$25 million from Nomura, Asia’s global investment bank.
This strategic engagement by Nomura will help Blue Planet continue its efforts to develop integrated, inclusive and sustainable waste management solutions around the region.
By the end of 2030, Asia is predicted to account for half of the world’s middle-class consumption.
Waste generation rates are set to soar along with this increase in demand for resources.
Solid waste, in particular plastic and organic waste, is becoming a key challenge for the rapidly developing nations in the region as they seek to fulfill their commitments to climate change and to reduce marine pollution.
Blue Planet was founded with the vision to help avert thi...