IHS Chemical Week

EnviroTech :: Nanotech

Catalyst Start-Up Completes Series B Round of V.C. Funding

11:06 AM MDT | May 5, 2009 | Vincent Valk

SDCmaterials (Tempe, AZ), a catalyst and additives maker, has closed a series B funding round that raised $14 million. Invus Financial Advisors (New York) led the round, and previous investors BASF Venture Capital and Emerald Technology Ventures (Montreal) participated in the round, as well as private individuals. BASF Venture Capital, a BASF subsidiary, first invested in SDCmaterials in 2006. "We are pleased with our ability to attract a significant new investor, Invus, while maintaining support from Emerald, BASF and other investors during this period of...

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