Tech Company Financing Transactions
Novomer Funding Round
Flagship Pioneering and Physic Ventures participated in a $6.6 million Series A funding round for Novomer. The round was announced on 11/7/2007.
Transaction Overview
Company Name
Announced On
11/7/2007
Transaction Type
Venture Equity
Amount
$6,600,000
Round
Series A
Investors
Flagship Pioneering (Lead Investor) (James Matheson)
Physic Ventures (Lead Investor) (Jean Frechet)
Proceeds Purpose
"Novomer is built on world-class science," said Novomer President Charles Hamilton. "With this investment, the company gains the resources it needs to expand production capacity and step up business development efforts."
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
275 Buell Rd.
Rochester, NY 14624
USA
Rochester, NY 14624
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Tony Eisenhut
Chief Executive Officer
Jeffrey Uhrig
General Manager
Kyle Sherry
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Prev: 11/7/2007: MerchantCircle venture capital transaction
Next: 11/7/2007: HypobaricTherapeutics venture capital transaction
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Where The Data Comes From
We document tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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