Purfresh raises large financing round to make food safer
Purfresh is the new name of Novazone, a Livermore, Calif., company that disinfects and protects water and fresh produce, and which is expanding to cover more aspects of the food business.
Purfresh offers one of a number of companies rushing to find new, efficient ways to clean pathogens from food supplies. People and businesses are becoming less tolerant of harsh chemical cleansers that have been used for such purposes, in part because of sensitivity about the… Continue Reading
Life sciences briefing: Wednesday, Sept. 26, 2007
Featured companies: Ablynx, Cardiosolutions, Carigent Thereapeutics, Elusys, Genome Corp., GlobeImmune, Novazone, Targanta Therapeutics, Waterfront Media
UPDATED at 5:45am on 9/27/07
GlobeImmune raises $41M for immune-system therapies — GlobeImmune, a Louisville, Colo., biotech focused on new forms of immunotherapy to treat viral infections and cancer, raised $41.2 million in a third funding round. Investors included Wexford Capital, Celgene, the Mellon Family Investment Company, the Richard King Mellon Foundation, Eminent Venture Capital, Boston Life Science Venture, WRF Capital, HealthCare Ventures,… Continue Reading
Water and food cleaning co., Novazone, raises $7M
Novazone, a Livermore start-up that provides a way to clean and disinfect food and water using ozone technology, has raised $7 million in a second round of financing.
Chrysalix Energy led the round with participation from existing investors, Foundation Capital and Grauer Capital. In addition, Greg Sullivan, managing director of Chrysalix Energy, has joined Novazone’s board of directors.
Last year, the company raised $10.6M in a first round. He’s part of what we wrote about the… Continue Reading