Bright Capital, the venture unit of Russia-based conglomerate RuCom, and Presidio Ventures, a venture unit of Japan-based conglomerate Sumitomo, have helped Siluria Technologies, a US-based natural gas conversion company, raise $30m.

Siluria’s technology converts natural gas into fuel, plastics and chemicals.

Bright led the C round alongside Microsoft co-founder Paul Allen’s Vulcan Capital. Other backers of the company were UK-based foundation The Wellcome Trust, and venture firms ARCH Venture Partners, Alloy Ventures, Kleiner Perkins Caufield and Byers, Lux Capital, and…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?