Keating Capital Backs Agilyx

Greenwood Village, Colorado-based investment firm Keating Capital is the lead investor in an investment in plastics-to-oil firm Agilyx. Agilyx said yesterday that it has raised $25M in a Series C Convertible Preferred funding round, led by Keating Capital, and also including Kleiner Perkins Caufield & Byers, Saffron Hill Ventures, Chrysalix Energy Venture Capital, Waste Management, Total Energy Ventures, and Reference Capital. Agilyx is developing a process which converts waste plastic into crude oil, and is based in Beaverton, Oregon. More information »