HaloSource Raises $25 Million

HaloSource has raised $25 million with 40 percent coming from Invesco Perpetual.  HaloSource, founded in 1998 and based in Bothesll, focuses on developing clean technologies for point-of-use water disinfection, antimicrobial coatings, and water clarification.

“We are delighted to see such strong support from the investment community, both from our existing and also new shareholders,” CEO Martin Coles said.  “Having the flexibility in our balance sheet to continue to execute against our strategy and grow the company really sets the stage for what’s to come.”

Source: Taylor Soper, Geekwire, October 16, 1012.