Abu Dhabi's DB Masdar Clean Tech Fund led investment of $38 million in California firm
eCullet Inc., a technology-based glass processing company with corporate headquarters in Palo Alto, California, has announced the closing of an up to $38 million investment in the company led by DB Masdar Clean Tech Fund.
DB Masdar Clean Tech Fund is a clean-tech and renewable energy investment fund and is launched by Abu Dhabi-based Masdar Capital and Deutsche Bank. Masdar Capital currently manages two clean technology funds with assets worth over $540 million.
To see a list of Abu Dhabi investors similar to Masdar Capital check our Middle East Investors Directory
More details follows
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