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Verdezyne raises funds

3:10 PM MDT | May 12, 2014

Verdezyne (Carlsbad, CA) says it has negotiated key terms for an investment of $48 million, led by Malaysian multinational conglomerate Sime Darby Berhad. The funds will be used to accelerate Verdezyne’s technology development and support various collaborative projects with Sime Darby’s newly formed renewables business...

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