FRX Polymers Lands $11,000,000 Series B Financing Round

  • Feed Type
  • Date
    4/2/2012
  • Company Name
    FRX Polymers
  • Mailing Address
    200 Turnpike Road Chelmsford, MA 01824
  • Company Description
    Welcome to FRX Polymers (FRX), the clear choice for Flame Retardancy. Our polymers are fully transparent, high flowing and due to their high phosphorus content, are inherently non-burning. FRX Polymers is developing Homopolymers and Copolymers for intended use as both Polymeric Flame Retarding Additives and as Specialty Polymers. We welcome you to our website and to our exciting new polymer products.
  • Website
    http://www.frxpolymers.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funds will be used to partially finance FRX’s first commercial scale production facility, scheduled to come on stream during Q4 2013 in Antwerp, Belgium, as well as to expand its Swiss pilot facility, build out its team, and complete its global product registration process.
  • M&A Terms
  • Venture Investor
    DB Masdar Fund
  • Venture Investor
    BASF Venture Capital America
  • Venture Investor
    Capricorn Cleantech Fund
  • Venture Investor
    Israel Cleantech Ventures

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