ANDalyze Inks $1.57M for Water Testing – Filing

ANDalyze Inc., a maker of products for testing water contamination, has raised $1.57 million of a planned $2.57 million round, according to a regulatory filing. The company, which uses catalytic DNA technologies for water testing, is backed by investors including the Illinois Emerging Technologies Fund II L.P. and Illinois Ventures LLC. The company’s board includes John Regan a senior director for Illinois Ventures.

Semprius Inks $3M

Semprius Inc., a developer of high concentration photovoltaic solar modules, has closed on $3 million in venture funding. Morgan Creek Capital Management; Illinois Emerging Technologies Fund, which is managed by IllinoisVENTURES; and In-Q-Tel contributed to the investment round. IllinoisVENTURES and In-Q-Tel are existing shareholders in the company. Funding will help the company expedite construction of a pilot plant to produce high-efficiency, low-cost solar modules, the company said.

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