Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db85633a-5dec-43d7-855b-a232e245924d
Date 12/10/2013
Company Name Novomer
Mailing Address 200 West Street Floor 4E Waltham, MA 02451
Company Description Novomer is a new materials company pioneering a family of low-cost, high-performance, green plastics, polymers and other chemicals. A wide variety of packaging, commercial, consumer and industrial markets are looking for new, advanced materials that combine environmentally friendly attributes, biodegradability, high quality, and low cost.
Proceeds Purposes SAEV’s investment will fund ongoing development of the technology platforms as well as construction of a market development plant to manufacture CO2–based polyols and the enhancement of Novomer’s sales and marketing organization.