Elevance Renewable Sciences Obtains $104,000,000 Series E Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa19d298-b4c0-419d-a3fd-954529d3b331&Preview=1 -
Date
7/12/2012 -
Company Name
Elevance Renewable Sciences -
Mailing Address
2501 Davey Road Woodridge, IL 60517 -
Company Description
Elevance Renewable Sciences, Inc. creates a wide range of specialty chemicals from natural oils. Using a Nobel Prize winning technology called olefin metathesis; the company creates high performance waxes, functional oils, anti-microbials, lubricants, additives and other chemicals. -
Website
http://www.elevance.com -
Transaction Type
Venture Equity -
Transaction Amount
$104,000,000 -
Transaction Round
Series E -
Proceeds Purposes
The investment will support Elevance’s strategic growth plans, including the continued development of biorefineries in Asia and North and South America. -
M&A Terms
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Venture Investor
Genting Berhad -
Venture Investor
Total Energy Ventures International
