Last deal

$17.1M

Amount

Series E

Stage

12.11.2015

Date

5

all rounds

$84.5M

Total amount

General

About Company
Rive Technology commercializes advanced catalyst technology for petroleum refining to increase fuel yield per barrel of crude oil.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Rive

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Series E

IPO status

Private

Description

The company improves traditional zeolite catalysts through the introduction of broad channels, or molecular highways, which enhance the diffusivity of these materials, leading to better yields, process efficiency, and profitability for refineries. Rive's technology is designed to fit readily into existing refineries with minimal capital investment and can be used in various processes, including refining petroleum, producing chemicals and biofuels, and purifying air and water.