Advanced BioCatalytics Corporation (ABC), an Irvine, CA-based developer of surfactant synergy technologies, closed an expansion funding round of undisclosed amount.
The round was led by BP Ventures.
The company intends to use the funds to build out its manufacturing capability to support the demand of its patented ultra-high performance Protein-Surfactant Complex™ (P-SC™) and allow for further development in oil and gas sector applications.
Founded in 1996 and led by Chris Harano, CEO and president, Advanced BioCatalytics uses micro-proteins to enhance performance of various industrial chemical formulations as well as other microbiology metabolic processes. Its P-SC™ biotechnology acts synergistically with surfactants to allow the use of surfactants in cleaners, industrial and agricultural wetting agents, wastewater treatment, environmental remediation and energy applications.