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Elevance Renewable Sciences
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Short description

Developer of specialty chemicals from renewable feedstocks

Founded in 2007
Founded in

Company type Acquired Public (ERSI)
Company type

Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Woodridge, IL Woodridge, United States
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Updated by Andy Shafer at Elevance Renewable Sciences on 07/16/2015

Edited by Cleantech Group on 09/14/2021

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Date Partner Type
03/21/2019
Stahl Performance Powder Coatings Stahl Performance Powder Coatings
Elevance signed a supply agreement with Stahl. Under the agreement, the companies will also continue to develop new C18-based coatings with an emphasis on flexible substrates for various markets, including the demanding automotive segment.
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Confirmed by Stahl Performance Powder Coatings
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IPO INFORMATION

Date

08/31/2012

IPO status

Withdrawn

IPO Type

IPO

Amount

$100M

Initial shares

Ticker symbol

ERSI

Exchange listed

NASDAQ

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Date Investors Type Amount
06/13/2018 (0)
Post-money valuation of
Elevance Renewable Sciences completed a new equity found financing led by its largest investors. Regulatory filing indicated the company has raised $18 million in this round.
 Growth Equity $18,300,591
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Elevance Inherent™ C18 Diacid

Mid-chain diacid that allows the production of novel polymers and polymer systems, providing a variety of chemistry options of particular interest in polymers, coatings, adhesives, sealants and elastomers

 Wide Commercial Availability Products - Retail
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