Prevtec Microbia nets $4.7 mln to advance animal health technologies

Prevtec Microbia Inc, a Canadian biotechnology company developing technologies for the prevention of diseases in food-animals, has raised $4.7 million in follow-on financing. Most of the round was accounted for by VVC, a Canadian venture capital firm focused on investing in animal health. The other investors included existing backers Telesystem, Groupe Jafaco Gestion and Desjardins-Innovatech. Founded in 2001, the Montréal-based Prevtec is led by President and CEO Michel Fortin. The company said it plans to bring a number of new innovative products to market in the coming years.

13 March 2015•2 mins read
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