Agilyx Corp.'s method of turning waste plastic into crude oil has now produced a roster of big-name investors.
The Tigard-based company on Thursday announced it has closed a $22 million Series B round, led by prominent Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers.
The round also features participation from some giants in the world of waste and energy: Houston-based Waste Management Inc., the nation's largest waste industry player with $12.5 billion in revenue last year, and Paris-based Total S.A., one of the world's biggest gas and oil exploration companies with annual revenue of nearly $225 billion. In addition, the round included participation from previous venture capital investors; Vancouver, British Columbia-based Chrysalix Energy Venture Capital, London-based Saffron Hill Ventures and Portland-based Reference Capital, which each contributed to a $4.25 million Series A round in April 2009. Read more