With $1.5 million in newly raised capital on the heels of a successful demonstration of commercial-scale production, renewable chemicals startup Pyran Inc. is preparing for its first commercial plant.
Madison-based Pyran makes a renewable, plant-based chemical that can replace petroleum-based chemicals in the paints and coatings used to make everyday products. The startup says its chemical is a cost-effective alternative to petroleum products, which contribute to climate change through greenhouse gas emissions.
Note: Pyran has benefited from Innovate Network resources.