Lansing-based
Ecosynthetix, a company that uses "Green Chemistry to transform renewable
resources into high-performance biobased products," has $7.2 million in support for its initiatives.
According to excerpts from the article:
The filing does not list the investors in the financing. However, it does note that the $7.2 million that the firm reports in the filing under Rule 506 represents equity sold to U.S. investors only, and that the total equity sold was more than $30 million. “The remainder of the issue was sold [outside] of the U.S.,” the company stated.
Read the entire article
here.