Friday, April 6, 2018

BayoTech Finds $12.5M

Albuquerque-based BayoTech, a startup developing chemical reactors for distributed production of hydrogen and fertilizers, said today that it has raised $12.5M in a Series B funding. The funding came from an un-named, strategic partner in the fertilizer marketplace, along with prior investors Cottonwood Technology Fund and Sun Mountain Capital. The company said the funding will go to grow its infrastructure and to complete commercialization of its technology. BayoTech is led by President and CEO Justin Eisenach. More information »