Bio-based materials and chemicals could see $1 billion in investments in 2014

In Massachusetts, bio-based materials and chemicals industry is poised to attract nearly $1 billion in investment this year, led notably by later-stage funding rounds, according to Lux Research. The estimated $974 million investment represents a 28 percent increase from 2013, suggesting companies that endured the waves of economic disruption have gained maturity and regained investors’ confidence.