Cycladex has now developed a cheaper process which will reduce operating costs.
Cycladex has now developed a cheaper process which will reduce operating costs by approximately 30-50% and capital costs by 35-50%. It also has the advantage of using environmentally friendly chemicals eliminating the need to use the expensive Sodium Cyanide.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 20, 2016 | Grant | $712.21K | 1 | National Science Foundation | — | Detail |
Dec 8, 2014 | Grant | $179.99K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
National Science Foundation | Yes | Grant |