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 |