Perella Weinberg Backs Purfresh

Purfresh, a Livermore, Calif.-based provider of clean solutions for food and water, announced that its $25 million Series C round (announced last December) included a $5 million investment from Perella Weinberg Partners. It had not previously disclosed Perella Weinberg's participation. The round was led by Chilton Investment Co., with other backers including Chrysalix Energy, Foundation Capital and Grauer Capital.

 

PRESS RELEASE

Purfresh, formerly known as Novazone, Inc., a leading provider of clean solutions for food and water, announced today the final closing of its Series C funding round with an investment of $5 million from Perella Weinberg Partners, a New York-based investment and financial services firm.

 

“Purfresh is exceptionally well positioned to address the global need for clean food and water,” said Rod Parsley, Partner and Portfolio Manager at Perella Weinberg Partners. “Purfresh's innovative technologies offer its customers comprehensive and economically compelling solutions to achieve food and water safety.”

 

Perella Weinberg Partners' investment formally closes Purfresh's Series C round of fundraising at $25 Million; an initial raise of $20 Million was lead by Chilton Investment Company, along with existing investors Foundation Capital, Grauer Capital and Chrysalix Energy Venture Capital.

 

“We're excited to work with Perella Weinberg Partners, along with our existing investors, to accelerate the deployment of our clean solutions for food and water,” said Purfresh President and CEO David Cope. “As the global food and water supply chains grow more complex, beverage and produce companies