Davis-based biopesticide company, Marrone Organics, has raised $3.75M in an over-subscribed Series A round. The leading investor was Clean Pacific Ventures of Mill Valley. The only local fund to participate was Wavepoint Ventures of El Dorado Hills. Wavepoint is made up of several members of the old Capitol Valley Venture fund.

Other investors include One Earth Capital, Saffron Hill Ventures, and Calvert Social Investment Fund. The Sacramento Angels and other local investors also took part in the round.

Congratulations to CEO and founder Pam Marrone and her team who are off to a great start.

Gillian Parrillo
The Sacramento Executive