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MBA Polymers Lands Venture Capital Debt

Monday, February 3, 2014 5:54:00 AM PDT | VentureDeal

   Richmond, CA  --  Advanced materials company MBA Polymers has secured $4.5 million in venture capital debt financing, according to an SEC filing.

MBA engineers the recycling of plastics from complex waste streams and end-of-life durable goods.

Investors in the financing were not disclosed nor was how the company intends to use the proceeds.

MBA is still seeking $2.5 million in additional financing, according to the filing.

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