Rive Technology Obtains $20,000,000 New Financing

  • Feed Type
  • Date
    8/1/2013
  • Company Name
    Rive Technology
  • Mailing Address
    109 State Street Boston, MA 02109
  • Company Description
    RiveTech is commercializing advanced catalyst technology for the refining and petrochemical industries.
  • Website
    http://www.rivetechnology.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will support continued commercial deployment of Rive’s Molecular Highway zeolite technology into the global refining industry, specifically in the fluid catalytic cracking and hydrocracking processes.
  • M&A Terms
  • Venture Investor
    Saudi Aramco Energy Ventures
  • Venture Investor
    Mitsui & Co.
  • Venture Investor
    The Blackstone Group
  • Venture Investor
    Charles River Ventures
  • Venture Investor
    Advanced Technology Ventures
  • Venture Investor
    Nth Power