W-Scope Hungary Plant Kft. announced that it will receive ?100 million in a equity round of funding on September 4, 2024. The transaction will include participation from returning investor W-Scope Chungju Plant Co., Ltd., to retain the majority stake in the company.

This has been approved in the board of directors of W-Scope Chungju Plant Co., Ltd. The transaction is expected to close on December 31, 2024. The company will raise the money in tranches from September until December 31, 2024.