Palo Alto, Calif. -- Accelergy, a Palo Alto-based provider of research and development services focused on advanced materials utilized in the energy markets, said on Monday that it has raised an undisclosed amount in its second round of funding. Goldman Sachs led the round, which also included participation from Sequoia Capital China, Lux Capital and previous investors Nth Power, Technology Partners, Mobius VC and Advent International. Accelergy works with businesses to develop more efficient and cost effective technologies for the production of environmentally friendly fuels and petrochemicals.
http://www.accelergy.com/accelergy_news_01.htm
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