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PolyPlexx Pulls In New Financing

Friday, March 11, 2016 5:40:00 AM PDT | VentureDeal

South Charleston, West Virginia  --  Polymer technology company PolyPlexx has secured $206,000 in new equity investment, according to an SEC regulatory filing.

PolyPlexx has created technologies that consist of three commercially available polymer formulations with utility in commercial applications requiring transparency and improved impact resistance.

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

A total of 13 investors participated in the offering.

The company is still seeking $724,000 in additional financing, according to the filing.

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