Business

Mar. 6, 2013 8:30 am

BioPark’s PathSensors to close 7-figure round of financing to support food pathogen-detecting products

PathSensors, which tracks pathogens in food, is on track to raise a seven-figure round of financing this spring from “two food industry companies,” reports the Baltimore Business Journal. PathSensors CEO Ted Olsen declined to name the two companies. The startup, which is based out of the University of Maryland BioPark, creates products that detect pathogens found […]

PathSensors, which tracks pathogens in food, is on track to raise a seven-figure round of financing this spring from “two food industry companies,” reports the Baltimore Business Journal.

PathSensors CEO Ted Olsen declined to name the two companies.

The startup, which is based out of the University of Maryland BioPark, creates products that detect pathogens found in food in real-time.

From the Baltimore Business Journal:

[Ted] Olsen thinks PathSensors’ CANARY (Cellular Analysis and Notification of Antigen Risks and Yields) technology is a good fit for the food industry because it could be used to scan foods for dangerous pathogens that could make people sick. [more]

In November, PathSensors received an investment of $200,000 from the state’s $84 million InvestMaryland fund, as Technically Baltimore reported.

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Andrew Zaleski

Andrew Zaleski is a freelance journalist in Philadelphia and the former lead reporter for Technical.ly Baltimore. Before moving to Philadelphia in June 2014, he was a contributing writer to Baltimore City Paper and a Tech Check commentator for WYPR 88.1 FM, Baltimore city’s National Public Radio affiliate. He has written for The Atlantic, Outside, Richmond magazine, Washington City Paper, Baltimore magazine, Baltimore Style magazine, Next City, Grist.org, The Atlantic Cities, and elsewhere.

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