Voobon Ventures Expresses Interest in Chemical E-Commerce with 3BS

Voobon Ventures proposes $60M in financial backing for 3B Scientific’s chemical E-commerce expansion.  3B Scientific (3BS) has built a solid reputation as a chemical wholesaler and has embarked on a bold transition from chemical wholesaling to service-based E-commerce platforms.  With funding from Voobon Ventures, new services will also include bulk chemical trading, electronic supply chain management, and software development. Founded in 2004 and headquartered in Libertyville, Illinois, 3BS is a multi-faceted company primarily engaged in the import and export of chemicals for global pharmaceutical companies, biotech firms, universities and other institutions in North America, Europe and Asia.  3BS maintains operations in the US and China, and its service portfolio includes chemical sales, E-commerce platforms, and software development. Initially focused on chemical sales, but over the past 18 months, 3BS has gradually shifted its focus from distribution to service-based E-commerce platforms serving clients in Europe and Asia. 3BS set itself apart from competition by sticking to its core competency of chemical wholesaling, and expanding its brand vertically within one industry. Management’s goal of vertical growth, through partnership with Voobon Ventures and technology implementation, will position 3BS to exploit the emerging Chinese E-commerce industry, and will provide a solid base to expand globally over the next few years. "Chemical E-commerce is a globally evolving business, and we are eager to solidify the union between Voobon Ventures and 3BS.” said Mark Shariar, President and Managing Director of Voobon Ventures. “With both companies being pioneers in our respective industries, this union will prove to be mutually beneficial for us and set a new standard in the chemical sales industry.” About Voobon Ventures, Inc. Voobon Ventures, Inc. headquartered in Atlanta, Georgia with offices in New York City, Chicago, Las Vegas, Las Angeles and London is a closely held venture capital firm, with managed funds under $5 billion. Under the direction of its President and Managing Director, Mark Shariar, its investment clients have selected Voobon Ventures based upon consistent sound returns in a tough economy and the privacy offered through the fund. Voobon is actively engaged in both short and long term investments with its long term primarily focused on leading edge companies in the communications, entertainment, technology, medical technology, real estate, manufacturing, mining and energy industries. Additional information is available at www.voobonventures.com.


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