Emvolon Raises $1.5M in Seed Funding


Emvolon, a Boston, MA-based technology company developing a platform for distributed chemical production from resources that otherwise would be wasted, raised $1.5m in seed funding.

The round was led by The Engine.

The company intends to use the funds to build out the team and create a dedicated laboratory space for development of its solution.

Co-founded by Emmanuel Kasseris and Leslie Bromberg, Emvolon is advancing a platform that converts the wasted natural gas at flare sites into usable chemicals like methanol for use in a broad array of industrial applications or as a fuel.