Monday, October 31, 2005

CropSolution, Vycon and In-Pipe

  • CropSolution, which develops advanced, more efficient herbicides, pesticides, and other agricultural products, has apparently raised a $2.9M Series C round, according to PE Week Wire. This brings the total funding into the company since 2002 to $14.3M. Investors include The Aurora Funds and ATP Capital.
  • Also from the same PE Week Wire column: Vycon, which is developing flywheel technology for energy storage in large-scale applications, has apparently raised a $2.5M Series A. Investors include BankInvest, RWE Dynamics Venture Capital Management, Sumitomo Corp., Cooper Capital Partners and Tridus International -- Vycon has been a division of Calnetix, a technology development company focused on motors and electric components, and it is unclear what the current ownership of Vycon amounts to.
  • In-Pipe Technology, which offers wastewater treatment systems, announced a $3.5M Series A, from "a group of institutional investors". In-Pipe's system combines technology and microbial solutions to move early stages of treatment up into the wastewater collection system, improving the efficiency of operations at the downstream centralized wastewater treatment systems.