Purfresh secures $25 Mn Series C funding round

Purfresh secures $25 Mn Series C funding round

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California: Purfresh, formerly known as Novazone, a leading provider of clean solutions for food and water, has raised a $25 million Series C financing round, including a new lead investment by Chilton Investment Company along with existing investors Foundation Capital, Grauer Capital and Chrysalix Energy and one additional strategic investor to be named.

"Over the last several years we have seen a dramatic increase in awareness of food and water safety along with a desire to reduce the use of traditional, harmful chemicals," said David Cope, President and CEO, Purfresh.

"We see these trends accelerating globally, creating both a tremendous need and opportunity for companies such as Purfresh to provide an array of clean technology solutions for the food and water markets. We are looking forward to leveraging our foundation of more than 300 customers and working with Chilton, existing investors and board members to grow our global distribution and take Purfresh to its next level."
Chilton Investment Company is a leading Stamford, Connecticut-based alternative asset manager with $7 billion under management.

"A safe supply of fresh water and untainted food is critical to people everywhere; food and water-borne illnesses and chemical contaminants don't discriminate," said Scott Galletti, Managing Director of Chilton Investment Company.

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