The company has now raised over $70m from investors including corporates BASF, Evonik, Masdar and Triton Systems.
FRX Polymers, a US-based maker of environmentally-friendly flame-retardant plastic, has raised $8m in a second round of series C funding.
The capital came from existing shareholders BASF Venture Capital, the $200m corporate venturing unit of Germany-based chemicals company BASF, Evonik’s $130m corporate venturing unit, and Masdar cleantech fund, which is owned by clean energy company Masdar. Investment company PMV led the round.
The financing comes five months after the company raised $12m its first round of series C funding, from…
