EcoSynthetix Secures $10,100,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aee15677-9ce7-43e6-aca0-f6e2ec2132b2&Preview=1 -
Date
1/13/2010 -
Company Name
EcoSynthetix -
Mailing Address
3900 Collins Road Lansing, MI 48910 -
Company Description
The company’s mission is to be the world’s leading supplier of biolatex™ emulsions helping our customers reduce their reliance on petroleum-based products. -
Website
http://www.ecosynthetix.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,100,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The new funding will be used for working capital and general corporate purposes as EcoSynthetix expands its production, sales and marketing efforts in 2010. -
M&A Terms
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Venture Investor
Canaccord Financial -
Venture Investor
Undisclosed
