Accelergy Corporation has secured Series B financing from leading global investors Goldman Sachs, Sequoia Capital China and Lux Capital. Accelergy’s existing investors, Nth Power, Technology Partners, Mobius VC and Advent International also participated in the funding.
Accelergy is a start-up that is developing advanced catalytic materials for energy firms.
“The company’s strong leadership team, experience, and proprietary high throughput capabilities are leading factors in our investment decision,” said Raheel Zia, vice president at Goldman Sachs and member of Accelergy’s Board of Directors. “Accelergy is helping major global companies extend their research and development capabilities and shorten time to market throughout the entire development and commercialization process. We look forward to working with Accelergy to accelerate their growth.”
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