Pyran raises $3M from Kowa for bio-based 1,5-PDO plant

Pyran, Inc. closed a $3 million investment from Kowa as part of its Series B round, raising over $5 million total, to build a world-scale commercial plant for bio-based 1,5-pentanediol (PDO) expected to begin operating in 2027.

“Pyran, Inc. continues its trajectory toward building a world-scale commercial plant for 1,5-pentanediol (PDO) after closing its latest round of fundraising, which includes a $3 million investment from Kowa.”renewable-carbon.eu

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• renewable-carbon.euPyran Moves Closer to Commercialization with Recent $3M Investment from Kowa - Renewable Carbon NewsOct 8, 2024

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