Home Industries Manufacturing Sellars Absorbent Materials raising another $3.9 million

Sellars Absorbent Materials raising another $3.9 million

By
Ashley Smart
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Milwaukee-based manufacturer Sellars Absorbent Materials has raised about $1.05 million in equity from three investors, according to a filing with the U.S. Securities and Exchange Commission. The company is looking to raise a total of $3.9 million, according to the filing. Sellars Absorbent Materials is a manufacturer of shop towels, wet wipes, disposable wipers and

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Ashley Smart
Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.
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Milwaukee-based manufacturer Sellars Absorbent Materials has raised about $1.05 million in equity from three investors, according to a filing with the U.S. Securities and Exchange Commission. The company is looking to raise a total of $3.9 million, according to the filing. Sellars Absorbent Materials is a manufacturer of shop towels, wet wipes, disposable wipers and sorbents made with recycled fibers. The company also raised $20.5 million in equity last January. Sellars Absorbent Materials has closed several funding rounds in recent years, including a $10.6 million round in 2013. Messages left with the company were not responded to Thursday. Thomas Sellars, chief executive officer at Sellars Absorbent Materials, previously told BizTimes Media that past funding rounds were growth related.

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