Aseptia, the venture capital-backed firm formerly known as Wright Foods, uses proprietary technology developed at N.C. State to produce preservative-free foods.
The company came in No. 15 on the new Inc. 5000 list with three-year revenue growth of an astounding 12,427 percent. It’s also creating jobs. Lots of them.
Lookout Capital is a big investor in Aseptia to the tune of $8 million.
“Aseptia’s technology and process are a game changer in the food processing and packaging space,” Lookout’s Merrett Moore told WRAL TechWire when the deal was announced in March.
“We worked hard to sell the deal to our investors and network, but the upside of this company made our job easier than it otherwise would be.”
Aseptia ranks No. 2 among food and beverage companies and No. 2 among the Inc. 5000 North Carolina members.
WRAL TechWire has covered Wright Foods/Aseptia in detail. Check out the weblinks with this blog post.
Here’s the data as provided by Inc.:
- Overall rank: 15
- Three-year growth: 12,427 percent
- 2013 revenue: $13.8 million
- 2010 revenue: $110,858
- Employees: 159
- Employees added over past three years: 157
- Founded: 2006
For a list of N.C. firms in the Inc. 5000 list, check our online report.