Siluria Technologies raises $30M in Series C to commercialize its OCM process for converting natural gas into commodity chemicals and transportation fuels
Green Car Congress
JULY 27, 2012
Ethylene is a highly flexible chemical intermediate that can be converted to lower-cost fuels, chemicals, and materials.The company had closed a $20-million Series B in September 2011. OCM converts methane into ethane and ethylene (C 2 hydrocarbons). Earlier post.). New investors Bright Capital and Vulcan Capital led the round.
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