Elevance Renewable Sciences Obtains $104,000,000 Series E Round

  • Feed Type
  • 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
  • Venture Investor
    Genting Berhad
  • Venture Investor
    Total Energy Ventures International