Chinese Industrial Waste Disposal Start-Up Raises $37M Series A Round

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Chinese industrial waste disposal start-up Low Carbon Environment has secured a RMB250 million (US$37.06 million) series A round of financing. The investment comes from green technology focused investment firm U.S.-China Green Fund and AVIC Trust Co., an investment arm of Chinese financial services provider AVIC Capital Co., and was announced by U.S.-China Green Fund in a statement on its WeChat official account on Monday.

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