VantagePoint and Sustainable Technologies invest in REAC

This is the second stage in the financing round and brings the total invested to $6m. Allba Invest and Jensen Invest provided funding for the round earlier in the year.

The capital will be used to further develop technology that makes it possible to produce fuels – such as petrol, diesel and paraffin – from renewable biomass.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

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