The Thailand-based energy company plans to allocate the capital to international biotechnology and cleantech developers over a five-year period.

Thailand-based energy company Bangchak is set to invest $50m in biotechnology and clean energy-focused startups over a five-year period, The Nation reported today. Suwat Meemook, executive vice-president of Bangchak subsidiary Bangchak Initiative and Innovation Centre, told The Nation the funds will be allocated to US, China and Europe-based companies between 2019 and 2024. The corporateā€™s…

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