Biogenic Reagents Secures $9,500,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94598172-88bf-4767-91dc-bedb098ef507
Date
8/3/2013
Company Name
Biogenic Reagents
Mailing Address
133 1st Ave N Minneapolis, MN 55401
Company Description
Biogenic Reagents is a producer of low cost, high-performance carbon products made from renewable resources. The company’s specialty products include: activated carbon for mercury and emissions control, metallurgical carbon for iron and metals production, thermal carbon for energy generation.
Website
http://www.biogenicreagents.com
Transaction Type
Venture Equity
Transaction Amount
$9,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The new round of funding will help prepare the facility to make carbon products for controlling mercury emissions at power plants, CEO James Mennell told the Mining Journal newspaper.
M&A Terms
Venture Investor
MVC Capital
Venture Investor
Undisclosed