Puhua Capital joins SeriKe’s A1 funding round worth several hundred million yuan

Siric completed an A1 private financing round worth several hundred million yuan, with Zhejiang Puhua Tianqin Equity Investment Management among the investors. The company makes bio-based materials monomer FDCA, targeting substitution of oil-based PTA used in PET packaging and polyester. Proceeds will fund a 10,000-ton FDCA flagship plant in Jiande, Zhejiang, positioned as the first GA-route FDCA facility. Puhua previously led Siric’s pre-A round in 2023. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhejiang Puhua Tianqin Equity Investment Management Co Ltd published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein. (C)