Thursday, 30 March 2017

BRAEMAR ENERGY VENTURES PORTFOLIO COMPANY AGREES TO BE ACQUIRED BY NIPPON SHOKUBAI

Braemar Energy Ventures portfolio company, Sirrus, Inc. has agreed to be acquired by Nippon Shokubai, a leading global producer of acrylic acid and superabsorbents

NEW YORK, March 29 (Bernama-BUSINESS WIRE) -- Braemar Energy Ventures, a leading venture capital investor in energy technology companies, today announced Nippon Shokubai's planned acquisition of one of their portfolio companies, Sirrus, Inc., subject to customary closing conditions. Braemar has been a lead investor in Sirrus, the world's leading developer of electron deficient monomers and derivatives, since 2011.

Braemar first led Sirrus' $13.6 million Series A-1 round of funding, and later led the Company's A-2 and B round financing in 2013 and 2015, respectively.
http://mrem.bernama.com/viewsm.php?idm=28781

No comments:

Post a Comment