Water-soluble Emulsion Tech Company SōRSE Secures $2M Lead Investment From Merida Capital

SōRSE Technology Corporation confirmed Thursday it has launched a $4 million convertible note offering, receiving a $2 million lead investment from a private equity firm, Merida Capital Holdings.

A water-soluble emulsion technology company said it plans to use the investment to its innovation activities and scalability.

SōRSE estimated that fundraising will be completed in May.

“We’re excited to join Merida’s prestigious portfolio, which includes other industry leaders we’ve collaborated with in the past such as New …

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