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Solstice Advanced Materials announces a $49 million investment to expand R&D capabilities in Buffalo, New York, enhancing innovation for refrigerants and advanced cooling applications.
Amount Raised
$49 Million
Round Type
Venture
Description
Solstice Advanced Materials plans to invest $49 million to enhance its R&D capabilities at its Buffalo facility. This investment will support the development of next-generation technologies in high-growth markets. The project is further supported by up to $1.4 million in tax credits from New York State. The upgrades will focus on refrigerant and energy storage research, improving the innovation platform at the campus.
Fundz sees it the moment Solstice Advanced Materials raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Solstice Advanced Materials raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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