Fundraising Fox

Pyranco

Madison, US · Founded 2018 · 7 employees on LinkedIn · 2 known investors

Pyran produces 1,5 PDO (pentanediol), a 5-carbon diol made from renewable agricultural feedstocks using a proprietary chemical process, as an alternative to petroleum-derived diols. Its products serve polyol and diol customers seeking improved heat, water, oil, and weather resistance, and are certified 100% biobased by the USDA BioPreferred Program.

Advanced ManufacturingAgTechCleantechNew Materials

Founders & leadership

Pyranco was founded in 2018 by KEVIN BARNETT.

KB
KEVIN BARNETTCTO and Secretary
ML
MELVIN L LUETKENS JR.Chief Executive Officer

Board

PC
PETER CHIDYLLOBoard director
AS
ANDREW SHAFERBoard director
WB
WILLIAM BANHOLZERBoard director
TC
THIERRY CASIEZBoard director

Investors · 2

Tundra AngelsWisconsin · $100K – $500K
Wisconsin Investment PartnersMadison · $5K – $100K

Reported raises · per SEC filings

Form D private placements

$7.3M disclosed across 5 rounds · 2023–2026

▶$250KraisedJul 2026 · 1 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • MELVIN L LUETKENS JR.Executive Officer, Director
  • KEVIN BARNETTExecutive Officer, Director
  • WILLIAM BANHOLZERDirector
  • ANDREW SHAFERDirector
  • PETER CHIDYLLODirector
  • GEORGE HUBERPromoter
  • KEFENG HUANGPromoter
  • JAMES DUMESICPromoter
  • THIERRY CASIEZDirector
Offering amount
$400K
Amount sold
$250K
First sale
Jul 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$217KraisedFeb 2026 · 2 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • JAMES DUMESICPromoter
  • MELVIN L LUETKENS JR.Executive Officer, Director
  • KEFENG HUANGPromoter
  • PETER CHIDYLLODirector
  • ANDREW SHAFERDirector
  • KEVIN BARNETTExecutive Officer, Director
  • GEORGE HUBERPromoter
  • WILLIAM BANHOLZERDirector
  • THIERRY CASIEZDirector
Offering amount
$217K
Amount sold
$217K
First sale
Dec 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedDec 2023 · 8 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • PETER CHIDYLLODirector
  • THIERRY CASIEZDirector
  • KEVIN BARNETTExecutive Officer, Director
  • MELVIN L LUETKENS JR.Executive Officer, Director
  • GEORGE HUBERPromoter
  • JAMES DUMESICPromoter
  • WILLIAM BANHOLZERDirector
  • ANDREW SHAFERDirector
  • KEFENG HUANGPromoter
Offering amount
$5M
Amount sold
$5M
First sale
Dec 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$375KraisedDec 2023 · 1 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • THIERRY CASIEZDirector
  • PETER CHIDYLLODirector
  • MELVIN L LUETKENS JR.Executive Officer, Director
  • JAMES DUMESICPromoter
  • ANDREW SHAFERDirector
  • GEORGE HUBERPromoter
  • KEVIN BARNETTExecutive Officer, Director
  • KEFENG HUANGPromoter
  • WILLIAM BANHOLZERDirector
Offering amount
$375K
Amount sold
$375K
First sale
Nov 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MraisedMar 2023 · 8 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • MELVIN L LUETKENS JR.Executive Officer, Director
  • KEFENG HUANGPromoter
  • GEORGE HUBERPromoter
  • JAMES DUMESICPromoter
  • PETER CHIDYLLODirector
  • WILLIAM BANHOLZERDirector
  • ANDREW SHAFERDirector
  • KEVIN BARNETTExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$1.5M
Proceeds to insiders
$225K
First sale
Feb 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
Vedantu5 shared keywordsVedantu is an online learning platform that provides free chapter-wise NCERT solutions and study materials for Class 12 CBSE students across Science, Commerce, and Arts subjects. It also offers resources for competitive exam preparation such as JEE and NEET, aligned with the latest CBSE syllabus.

Companies competing with Pyranco for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase II2021$1.7M
National Science FoundationPhase I2019$224.8K
Department of EnergyPhase ISTTR2019$199.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Pyranco do?
Pyran produces 1,5 PDO (pentanediol), a 5-carbon diol made from renewable agricultural feedstocks using a proprietary chemical process, as an alternative to petroleum-derived diols. Its products serve polyol and diol customers seeking improved heat, water, oil, and weather resistance, and are certified 100% biobased by the USDA BioPreferred Program.
Who founded Pyranco?
Pyranco was founded by KEVIN BARNETT in 2018.
Who are Pyranco's investors?
Pyranco's investors include Tundra Angels, Wisconsin Investment Partners.
How much funding has Pyranco raised?
Pyranco has disclosed $7.3M raised across 5 rounds.
Where is Pyranco headquartered?
Pyranco is headquartered in Madison, US.