COLUMBIA, S.C., May 11, 2011 /PRNewswire-USNewswire/ -- SC Launch, an SCRA affiliate, today announced that two client companies received big check investment during the InnoVenture Southeast Conference in Greenville, SC. Madeira Therapeutics and EnviroMix, both technology-based start-ups located in the Charleston area, received SC Launch investment for their promising technology and business model.
Madeira Therapeutics was founded to develop new pharmaceutical products for unmet medical needs in the pediatric population. Madeira Therapeutics strives to ensure drug safety and efficiency for intended patients in the pediatric setting.
EnviroMix offers new standards for the water and wastewater industry. The company's patented technology offers comprehensive processes that enable treatment plants to operate more efficiently with a portfolio of hardware and software solutions. EnviroMix technology solutions provide uniform mixing, save energy, and help drive down operation and maintenance costs in critical treatment processes.
"Given the overwhelming need to reduce energy costs among the 16,000 facilities in the US alone, we are experiencing significant interest in our technology solutions," said EnviroMix CEO, Ted Jenkins. "We would like to thank SC Launch for this investment and support as we are looking to accelerate our presence in the market."
The big check presentations took place during the InnoVenture Southeast Conference. In its fifth year, the conference showcases the most promising high growth technology companies from the Southeast region to a national audience of hundreds of private equity professionals and venture capitalists that represent over $80 billion in private equity investment capital.
"We are delighted to have the opportunity to support these companies," said SCRA Executive Vice President and SC Launch Executive Director Dave McNamara. "What better p
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