Marrone Organic Innovations raises $10M for green pesticides
Marrone Organic Innovations, a Davis, Calif.-based based maker of natural pesticides and weed killers, has wrapped up a $10 million second round of funding and expects a second closing of $1 million later this month. The round was led by Stuart Mill Venture Partners and Contrarian Group; returning investors included One Earth Capital, Saffron Hill Ventures, Clean Pacific Ventures, Wavepoint Ventures and local angel investors.
Marrone will use the proceeds to develop and commercialize six new… Continue Reading
Biotech pesticide maker AgraQuest raises $20M
Davis, Calif.-based AgraQuest, an ag-biotech firm developing new forms of pesticide, raised $20 million in what appears to be its tenth major fundraising. The U.K.’s Loudwater Trust and existing investors, including TPG Ventures, participated in the round.
AgraQuest derives novel, organic pesticides from natural microorganisms, which the company screens in order to identify natually produced substances that have toxic effects on pests. The full process, which AgraQuest details on its Web site here, is actually quite… Continue Reading
Life sciences briefing: Tuesday, Dec. 4, 2007
Featured companies: AgraQuest, BridgeHealth, CardioMems, Collegium Pharmaceutical, Emergin, Entegrion, gDiapers, Precision Therapeutics, PregLem
UPDATED: Expanded items on Entegrion, Collegium, and gDiapers. Added CardioMems item. New items posted on AgraQuest (link), BridgeHealth (link) and Precision Therapeutics (link).
Entegrion draws $4.7M for bleeding control — Entegrion, a Research Triangle Park, N.C., biotech focused on products that stop bleeding, raised $4.7 million in a second funding round, VentureWire reports (subscription req’d). Investors included BD Ventures, Catalysta Partners and unnamed individuals.
Entegrion’s main product… Continue Reading