Tech Company Financing Transactions
FRX Polymers Funding Round
FRX Polymers, based in Chelmsford, secured $12 million in investment from Evonik Venture Capital, BASF Venture Capital America and Capricorn Venture Partners.
Transaction Overview
Company Name
Announced On
1/9/2014
Transaction Type
Venture Equity
Amount
$12,037,414
Round
Series C
Investors
Evonik Venture Capital (Lead Investor) (Bernhard Mohr)
Proceeds Purpose
The financial resources will be used to fund the company's sales ramp of this new to the world plant.FRX is the manufacturer and marketer of a new, environmentally friendly family of inherently flame retardant plastics and oligomers, trade named Nofia.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
200 Turnpike Rd.
Chelmsford, MA 01824
USA
Chelmsford, MA 01824
USA
Phone
Website
Email Address
Overview
FRX Polymers manufactures Nofia polyphosphonates, a brand of novel non-halogen, transparent, high melt flowing, fire resistant plastics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Lebel
Vice President
Ulrich Girrbach
VP - Marketing
Ina Jiang
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