Novinda Receives $2,000,000 New Funding

  • Feed Type
  • Date
    12/31/2010
  • Company Name
    Novinda
  • Mailing Address
    2000 S. Colorado Blvd. Denver, CO 80222
  • Company Description
    Novinda is in the latter stages of commercializing a patent-protected, non-carbon, non-flammable sorbent material for mercury emission control in coal-fired utility boilers. As a non-carbon sorbent, we believe that the Amended Silicates product has significant financial and environmental advantages over carbon-based sorbents, resulting in immediate market demand.
  • Website
    http://www.novinda.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Altira Group
  • Venture Investor
    Undisclosed

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