Elevance Renewable Sciences Lands $50,000,000 Series D Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d0f84ec2-9cd7-40b4-bf73-977ed2a5ff05&Preview=1
Date
7/22/2011
Company Name
Elevance Renewable Sciences
Mailing Address
175 E. Crossroads Parkway Bolingbrook, IL 60440
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
$50,000,000
Transaction Round
Series D
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing.
M&A Terms
Venture Investor
NAXOS Capital Partners
Venture Investor
TPG Biotech
Venture Investor
Undisclosed