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October 18, 2007

Bug Killer Device Startup Raises Second Round

AirInSpace, a developer of devices that ‘catch and kill’ infectious bacteria and viruses, has raised $8.5M (€6M) in a Series “B” round of financing, according to Aelios Finance blog.

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This is more of a medtech deal and not really our beat, but a lot of our readers spend time in airplanes, so we figure this startup's products have a human interest appeal.

The five year old company has three different types of mobile units, but its technology - whose roots reach back to the Russian space program -- can also be used in airplanes to filter out nasty germs, it said in a statement.

Investors are French fund manager Matignon Technologies II FCPR and French private bank Oddo AM (through FCPI Générations Futures)

Read - AirinSpace Raises (aelios blog)
View the AirinSpace Video with some cool footage from Space history

Posted on October 18, 2007 06:51 AM | Posted to News And Updates | Permalink

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