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Kalion, Inc. announced it raised $3 Million in an initial filing from an offering of $3 Million

Kalion, Inc. announced it raised $3 Million in an initial filing from an offering of $3 Million

03/11/19, 6:16 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmilton
Money raised
$3 million
Industry
other
Round Type
seed

Company Info

Company
Kalion, Inc.
Location
92 elm street
milton, massachusetts, united states
Additional Info
Kalion was founded to take on the significant challenge of commercializing important new molecules that could be derived in a greener manner and offer significant advantages over traditional oil-based molecules. Prof. Kristala Prather at MIT decided using the Department of Energy’s Top Value-Added Chemical from Biomass Report that glucaric acid offered a significant challenge but if successful it could offer a new platform chemical that could would have much to offer the world. Her success, with glucaric acid and the subsequent development at Kalion has created a high purity glucaric acid that now allows companies and researchers from other universities to fully exploited the unique properties of glucaric acid and related molecules.

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