Siluria Technologies, the San Francisco-based cleantech company that is developing a technology to turn natural gas into transportation fuels and industrial chemicals, announced it has raised $30 million in investment for its third founding round.
With over $63 million in funding poured into Siluria to date, the company is under pressure to bring its product to market. Siluria said in a statement that it will use the funds for two pilot-scale reactors and a commercial plant, in an effort to scale the technology.
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