Wavemaker's venture secures $525k to boost bamboo processing

Numat, a venture by Wavemaker Impact, recently secured US$525,000 in funding to improve bamboo processing.

Numat, based in the Philippines, focuses on converting raw bamboo into sustainable products, starting with a robust processing framework.

This approach anticipates greater projects emphasizing environmental and social benefits.

Bamboo can absorb about 4.6 tons of CO2 per harvested ton.

Recent Climate Tech developments

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01-Mar-2023 🌱 Japan climate tech firm bags $22.8m to enhance CO2 management Asuene raises $1.1M in series B funding. Plans to expand team and services in Singapore.

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