Fluid Efficiency has filed a notice of an exempt offering of securities to raise $7,284,791.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Fluid Efficiency is raising $7,284,791.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Simon Jones played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Fluid Efficiency
Fluid Efficiency is a Caltech spin-out that makes lubricants, fuels and oils safer, longer-lasting and more efficient to move. Our core products are self-assembling MegaSupraMolecules (MSMs), a suite of polymers that make fuels less explosive, improve the viscosity index of lubricants, and make oils easier to pump through pipelines. Using MSMs as flow enhancers reduces costs by enabling pipelines to operate with far fewer reinjection points and significantly lower cumulative volumes of material without any compromise in flow rates. MSMs can also be used to increase pipeline throughputs using the same amount of energy while keeping the benefit of reduction in material costs.
To learn more about Fluid Efficiency, visit http://fluidefficiency.com/
Contact:
Simon Jones, Chief Executive Officer
520-891-4275
https://www.linkedin.com/in/simon-jones-43778526/
SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.