Sofnnova Partners
Climate
Shell Spinoff Avantium Raises $43.9 Million To Develop Green Plastics, Chemicals And Fuel
5:37 am PDT • June 9, 2011
Shell spinoff Avantium raised another EUR 30 million, or about $43.9 million (USD) the company reported Thursday. Avantium produces “chemical building blocks” that industrial plastics, textile and fuel makers need…