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Specialty chemical startup Mstack has raised $40 million in a Series A funding round co-led by Lightspeed and Alphawave. The funds will be used to strengthen Mstack's R&D efforts and scale up operations in the Middle East, South America, and Asia. The company plans to launch R&D labs in India and the Middle East and aims to commercialize several proprietary molecules and formulations within 12-18 months. The funding round values Mstack at around $100 million. Mstack operates a tech-driven, cross-border specialty chemical manufacturing platform.
Speciality chemical startup Mstack raises $40 Mn led by Lightspeed and Alphawave: Cross-border speciality chemical manufacturing platform Mstack has raised $40 million in its Series A funding round co-led by Lightspeed and… https://t.co/nz941e3vdm #startupnews #startups
📢 Specialty chemical startup Mstack has raised $40 million from @lightspeedvp, Alpha Wave, others as it eyes geographical expansion. MStack is launching R&D labs in India & the Middle East. In 12-18 months, co plans to commercialize several proprietary molecules & formulations. https://t.co/eGNv0sZlpp
Mstack Chemicals raises funds at around $100 mln valuation, source says https://t.co/v3vJemrwQu https://t.co/WjigdRWVMU
