Cortado Ventures has invested in fluid dynamics technology company Fluid Efficiency, which has developed MegaSupraMolecules™ (MSM™) engineered to make fuels safer, improve the performance of lubricants and make fluids easier to move through pipelines.
Fluid Efficiency has added three new board members joining the existing members Simon Jones and Jason Whaley.
TULSA, Okla., Dec. 07, 2023 (GLOBE NEWSWIRE) -- EIC Rose Rock, an early-stage VC fund focused on energy technologies, today announced its direct investment into Fluid Efficiency, a California Institute of Technology-originated start-up that has developed polymer materials that increase the efficiency of midstream assets by reducing the energy required to pump fluids across long distances.
Fluid Efficiency has successfully registered its MegaSupraMolecules™ (MSMs) for use as additives in gasoline and diesel fuels in the United States.
Oil & Gas Facilities, a publication of the Society of Petroleum Engineers, wrote about the potential of MegaSupreMolecules as drag reducing agents in pipelines.