Siluria raises $30 million to convert methane to chemicals, fuel

Siluria Technologies has raised another $30 million in venture capital to move toward commercialization of its methane-to-chemicals conversion technology. The company, located in the FibroGen building in San Francisco’s Mission Bay, has raised $63 million since its founding four years ago. Two new investors led the latest round: Russian firm Bright Capital and Vulcan Capital in Seattle.