The bio-based materials and chemicals industry is poised to attract nearly $1 billion in investment this year, led notably by later-stage funding rounds, according to Lux Research. The estimated $974 million investment represents a 28% increase from 2013, suggesting companies that endured the waves of economic disruption have gained maturity and regained investors’ confidence.
Rivertop Renewables, a U.S. producer of novel chemicals derived from natural plant sugars, based in Montana, has raised $26 million from Cargill (an international producer and marketer of food, agricultural, financial and industrial products and services), First Green Partners (an enterprise focused on commercializing advanced technologies in the carbon value chain) and existing investors.
