Startup year away from first product

Originally published by: Sacramento Business Journal by Celia Lamb, Staff Writer

Date: Sunday, October 1, 2006, 9:00pm PDT – Last Modified: Thursday, September 28, 2006, 4:55pm PDT

Davis biotechnology entrepreneur Pam Marrone has raised $550,000 from about 15 investors to launch her environmentally friendly pesticide company, Marrone Organic Innovations Inc.

Now she’s on the hunt for $2 million to $3 million in venture capital funding to keep the company going through 2008. The company has started work on its first product, an herbicide made from plant extracts, which Marrone hopes to have ready for market by the third quarter of next year.

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