Renmatix Snags Funding from Waste Management
August 23, 2012- Share:
Trash processor Waste Management has extended Renmatix's Series C financing by $25 million, bringing the round amount up to $75 million. Germany-based chemical company BASF invested $30 million in the previous close of the round, with Kleiner Perkins Caufield & Byers also participating. Renmatix produces cellulosic sugars for the renewable chemical and fuels markets.
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