The Indonesia Impact Fund has invested US$500,000 in Jakarta-based biotechnology start-up Greenhope, aimed at advancing sustainability through biodegradable bioplastics.
Information on the Target
Greenhope is a Jakarta-based biotechnology start-up specializing in the production of biodegradable bioplastic products derived from cassava. The company is committed to sustainability and aims to contribute to environmentally friendly solutions in the bioplastics sector.
As part of its mission, Greenhope seeks to innovate within the biotechnology industry, addressing the growing demand for sustainable materials while alleviating the environmental impact associated with traditional plastics.
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Industry Overview in Indonesia
Indonesia's biotechnology sector has been rapidly evolving, driven by increasing awareness of environmental issues and sustainability. The industry
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Disclosed details
Transaction Size: $1M