MicroGreen Polymers, the Arlington, WA-based developer of technology to recycle plastics into cheaper, environmentally friendly coffee cups among other things, has raised another $2.7 million out of a deal that could be worth as much as $3.75 million, according to a new filing with the Securities & Exchange Commission. This materials science company, which spun out of the University of Washington in 2002, has been on a roll lately, having previously raised $6.9 million in May from WRF Capital, Northwest Energy Angels, private investors, and garbage giant Waste Management (NYSE: [[ticker:WM]]). We first profiled MicroGreen’s approach to make more environmentally friendly plastics back in July 2009.
Author: Luke Timmerman
Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.
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