Glydways, Inc. announced that it has received $170 million in funding from Suzuki Motor Corporation, ACS, Actividades de Construcción y Servicios, S.A., Khosla Ventures, LLC, Mitsui Chemicals, Inc., Gates Frontier, LLC, Obayashi Corporation
On April 14, 2026, Glydways, Inc. closed the transaction. The company received $68,692,952 in its second and final tranche, bringing a total funding of $170,000,000 co-led by returning investors Suzuki Motor Corporation, ACS, Actividades de Construcción y Servicios, S.A and Khosla Ventures, LLC. The transaction includes participation from returning investors Mitsui Chemicals, Inc., Gates Frontier, LLC and new investor Obayashi Corporation.
Mitsui Chemicals Inc is engaged in life and healthcare solutions, mobility solutions, information and communication technology (ICT) solutions, and basic and green materials business. The Company operates in four business segments. Life and Healthcare Solutions segment manufactures and sells vision materials, nonwoven fabrics, oral care materials, personal care materials and agricultural chemicals. The Mobility Solutions segment manufactures and sells elastomers, functional compounds and polypropylene compounds, and supports the development of new products for industrial products. The ICT Solutions segment manufactures and sells semiconductor and electronic component process materials, optical materials, lithium-ion battery materials, next-generation battery materials and others. The Basic and Green Materials segment manufactures and sells ethylene, propylene, polyethylene, polypropylene, catalysts, phenols, high-purity terephthalic acid, polyethylene terephthalate resin and others.
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Glydways, Inc. announced that it has received $170 million in funding from Suzuki Motor Corporation, ACS, Actividades de Construcción y Servicios, S.A., Khosla Ventures, LLC, Mitsui Chemicals, Inc., Gates Frontier, LLC, Obayashi Corporation
