PurThread Technologies Closes $7M Equity Financing

PurThread Technologies, a Morrisville, NC-based life science and high-performance textile company, closed a just over $7m equity financing.

The round was led by PurThread Board Chair, Richard S. Bodman, with participation from a select group of experienced investors.

The company intends to use the funds for research and development.

Led by Lisa Grimes, President and CEO, PurThread Technologies develops active soft surfaces that show a measurable difference in reducing bioburden in clinical environments. Products range from healthcare textiles, such as privacy curtains, lab coats, scrubs, blankets, and sheets, to an array of freshness products for other markets, such as the military and performance athletic wear.



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