What is Siluria Technologies?
Siluria Technologies is at the forefront of commercializing novel processes for producing fuels and chemicals from abundant natural gas and low-value byproducts. The company's proprietary technologies are designed to tackle critical challenges within the global petrochemical industry, including volatile commodity prices, evolving supply and demand dynamics, stringent environmental regulations, and the high capital intensity of conventional methods. By uniquely integrating nanomaterials, advanced catalyst development, and chemical engineering, Siluria's revolutionary catalyst and process technologies offer an efficient pathway to convert natural gas into higher-value products, with seamless integration into existing industrial infrastructure.
How much funding has Siluria Technologies raised?
Siluria Technologies has raised a total of $172.8M across 7 funding rounds:
Series A
$3.3M
Unspecified
$13.3M
Series B
$20M
Series C
$30M
Series D
$36.2M
Private Equity
$25M
Series E
$45M
Series A (2008): $3.3M, investors not publicly disclosed
Unspecified (2010): $13.3M led by Presidio Ventures, Altitude Life Science Ventures, Kleiner Perkins Caufield & Byers, Lux Capital, ARCH Venture Partners, and Alloy Ventures
Series B (2011): $20M supported by Alloy Ventures, Altitude Life Science Ventures, Kleiner Perkins Caufield & Byers, Lux Capital, ARCH Venture Partners, Wellcome Trust, and Presidio Ventures
Series C (2012): $30M featuring Alloy Ventures, Kleiner Perkins Caufield & Byers, Bright Capital, Presidio Ventures, Vulcan Capital Management, The Welcom Trust, Lux Capital, ARCH Venture Partners, and Altitude Life Science Ventures
Series D (2014): $36.2M backed by ARCH Venture Partners
Private Equity (2015): $25M with participation from National Petrochemical Industrial Company
Series E (2016): $45M led by Air Liquide, National Petrochemical Industrial Company, and Maire Tecnimont S.p.A.
Key Investors in Siluria Technologies
Air Liquide
Air Liquide is a global leader in gases, technologies, and services for industry and healthcare, specializing in essential small molecules like oxygen, nitrogen, and hydrogen. They support millions of customers worldwide with engineering expertise and technological innovation, enhancing industrial productivity and accelerating decarbonization efforts.
National Petrochemical Industrial Company
National Petrochemical Industrial Company is involved in the petrochemical sector, likely focusing on the production and distribution of chemical products derived from petroleum and natural gas. Their investment in Siluria suggests a strategic interest in advanced conversion technologies for petrochemical feedstocks.
Maire Tecnimont S.p.A.
Maire Tecnimont S.p.A. is an Italian multinational company specializing in engineering, procurement, and construction for the energy and chemical industries. Their investment indicates a focus on advanced process technologies and plant engineering for the petrochemical sector.
What's next for Siluria Technologies?
The recent major strategic investment in Siluria Technologies signals a significant scaling phase for the company. With a robust history of capital acquisition, including a Series E round, Siluria is well-positioned to accelerate the commercial deployment of its groundbreaking technologies. This infusion of capital is expected to bolster manufacturing capabilities, expand market reach, and further refine its catalyst and process innovations. The company's focus on sustainable and efficient chemical production aligns with global trends towards decarbonization and resource optimization, suggesting a trajectory towards becoming a key player in the future of the petrochemical and energy sectors.
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