Source: PITTSBURGH BUSINESSTIMES

ATRP Solutions: ATRP Solutions raises capital, aims to commercialize polymer for shale play use

ATRP Solutions has raised$3.55 million as the Harmar-based specialty polymer firm seeks to capitalize on opportunities in the energy sector. Birchmere Ventures, Strip District-based venture capital firm, was the lead investor. Patrick McCarthy, CEO and co-founder, said the money will go toward commercialization and at least two hires. The company currently employs five. "We invented a new hydraulic fracturing fluid technology that will improve the environmental impact and improve oil and gas…

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Patrick McCarthy's photo - President & CEO of ATRP Solutions

President & CEO

Patrick McCarthy

CEO Approval Rating

68/100

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