P2 Science C Financing Round is raising 12 million dollars

The $12 million Series C funding round has now been announced by the green chemicals firm P2 Science Inc. Chanel and HG Ventures lead investors to join existing Xeraya Capital investors, BASF Venture Capital, Elm Street Ventures, Connecticut Technology and Ironwood Capital Connecticut investors.

At its advanced Naugatuck, the CT green chemistry plant, the company will use a portion of the revenue from the round to expand production c....