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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=77beeb4c-fadf-4f9e-a167-04de286664ca&Preview=1
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Date
5/31/2011
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Company Name
Novophage
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Mailing Address
Undisclosed Cambridge, MA 02140
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Company Description
Novophage is developing a first-in-class anti-biofilm solution that is green and highly effective against biofilms.
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Website
http://www.novophage.com
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Transaction Type
Venture Equity
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Transaction Amount
$5,750,000
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Transaction Round
Series A
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Proceeds Purposes
The company will use the money to continue development of its technology that battles biofilms in HVAC systems and paper production.
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M&A Terms
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Venture Investor
Flybridge Capital Partners
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Venture Investor
Founder Collective
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Venture Investor
The Kraft Group