Previously backed by Morgan Stanley, Primet becomes the latest clean-tech company to garner investment from Dow Chemical.
US-based chemicals conglomerate Dow Chemical has reportedly invested an undisclosed amount in US-based batteries company Primet Precision Materials.
The amount in aggregate raised by Primet was undisclosed but in a May regulatory filing, the company said it had gathered its planned $2.5m and Larry Thomas, chief executive officer of Primet, has put the overall amount raised by Primet as $25m since its founding, according to news provider Dow Jones Newswires.
Dow Chemical’s contribution to Primet’s latest round of…
