Thursday, May 24, 2007

BaroFold: Raising $12M Series A

BaroFold is raising a $12M Series A to be co-led by HBM BioVentures and Boulder Ventures and will be joined by the Peierls Foundation and other seed investors.

BaroFold has developed and patented a protein processing technology that employs hydrostatic pressure to disaggregate and refold recombinant proteins from aggregates and inclusion bodies. The PreEMT™ process refolds proteins at higher concentrations resulting in higher yields of native protein and safer product formulations. The method is simple, reliable and rapid, and can be engineered to operate on an industrial scale using modified commercially available equipment.

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