May 23, 2006 – Battelle Ventures announced it led the $4-million Series A financing of BioVigilant Systems. BioVigilant Systems makes microbial detection technology and develops instruments that detect microbes and bio-agents in air and liquid. Innovation Valley Partners (Battelle Ventures’ affiliate fund), Pearl Street Venture Funds, and Community Investment Corporation of Tucson, Arizona, participated in the round.
BioVigilant Systems began in November 2002, funded by $2.4 million in startup financing. It is headquartered in Tucson, Arizona. The company currently offers the IMD-A instrument for microbial detection of airborne contaminants for applications in homeland security and pharmaceuticals manufacturing, and plans to introduce the IMD-L instrument for liquid sampling in pharmaceuticals by the end of 2006.