Ecovia Renewables has filed a notice of an exempt offering of securities to raise $9,073,746.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Ecovia Renewables is raising $9,073,746.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Kousay Said 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 Ecovia Renewables
Ecovia Renewables Inc. was formed in 2014 as a spin-out company from the University of Michigan. It is our mission to develop and commercialize high-performing biobased ingredients and materials from sustainable processes at the best value for our customers. We do this by having microbial ecosystems work for us. Our suite of Ecovia Biopolymers are created from a proprietary fermentation process. They are affordable, biobased, biodegradable, and functional alternatives to conventional acrylate and acrylamide polymers and starch-based biopolymers. Applications range from soil additives for water retention to super-absorbent cores for infant diapers to thickeners for personal care and industrial products, among many others.
To learn more about Ecovia Renewables, visit http://www.ecoviarenewables.com/
Contact:
Kousay Said, Chief Executive Officer
248-953-0594
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