Tech Company Financing Transactions
FRX Polymers Funding Round
FRX Polymers, based in Chelmsford, scored $15.7 million from SAM Private Equity, ICV and private investors.
Transaction Overview
Company Name
Announced On
6/7/2011
Transaction Type
Venture Equity
Amount
$15,700,000
Round
Series B
Investors
SAM Private Equity (Lead Investor)
ICV (Jack Levy)
Proceeds Purpose
The funds will be used for working capital and to partially fund FRX's first commercial scale production facility. FRX's new plant is being built to fulfill significant customer demand for the Company's novel flame retardant polymers.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
200 Turnpike Rd.
Chelmsford, MA 01824
USA
Chelmsford, MA 01824
USA
Phone
Website
Email Address
Overview
FRX Polymers manufactures Nofia polyphosphonates, a brand of novel non-halogen, transparent, high melt flowing, fire resistant plastics.
Management Team
Title
Name
Email & Social
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