Aseptia develops patented food‑processing technology originating from North Carolina State University that enables production of fruit sauces, tomato products, vegetables, soups and beverages while maintaining fresh flavor and nutrients without preservatives or refrigeration. The company sells to several major food companies and operates a wholly owned manufacturing subsidiary, Wright Foods, led by J. Michael Drozd. Wright Foods’ facility in Troy, North Carolina, opened in August 2012. Aseptia intends to use new financing to grow the operations of the Troy plant. The company is headquartered in Raleigh, North Carolina. No operating metrics (revenue or user counts) were disclosed in the article.

Total raised

$28M

Funding rounds

1

Latest round

Series C

Latest activity

Mar 2014