Академический Документы
Профессиональный Документы
Культура Документы
The U.S. has a newfound abundance of cheap natural gas which is used extensively for
heating and electricity production. Natural gas is arguably greener than
petroleum depending on how it is extracted. It inarguably poses less of a national
security risk than foreign oil.
Siluria is looking to use natural gas as a low-cost feedstock for a variety of other fuels
and chemicals, typically synthesized from petroleum sources.
To that end, Siluria just raised another $30 million in a round C led by new investors
Bright Capital and Vulcan Capital along with existing investors ARCH Venture Partners,
The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield and Byers, Lux Capital,
Altitude Life Science Ventures and Presidio Ventures, bringing Siluria's VC total to more
than $63 million.
Let's talk about ethylene. Ethylene is the most produced organic compound in the world,
according to Chemical and Engineering News, with global production exceeding 107
million tons in 2005. The compound is used to make a wide assortment of plastics and
chemicals.