Amiare
Amiare LLC, through a patented pyrolysis technology, produces a universal paraffin dispersant.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed Amiare Information
Geographic Data
Address:
City: Nashville
State: Tennessee
Zip:
Country: United States
Financial Info
Stage:
equity crowdfunding
Raised Last:
$1M
Raised Total:$1M
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Description
Amiare LLC, through a patented pyrolysis technology, produces a universal paraffin dispersant which is utilized in the oil and gas industry for enhanced oil recovery and tank bottom cleaning. Amiare uses discarded, recycled tires as its feed stock to create this unique product, which dissolves paraffins and asphaltenes, and prevents the aggregation of these molecules. This dispersal characteristic reduces the viscosity of the oil, thereby increasing the production of existing oil and gas wells by percentages of 100% to over 700%. In treatment of solid tank bottoms, their product liquefies the solidified bottom and allows the bottom to be converted into a marketable crude oil.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2014 | Equity Crowdfunding | $1.3M |
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| Announced Date | Name | Price |
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