Benten BioServices Receives Additional Funding

MALVERN, Pa.--(BUSINESS WIRE)--Benten BioServices, Inc., (www.BentenBio.com), a privately-held Contract Services Organization headquartered in Malvern, PA, today announced the completion last month of $1.1 million in new convertible debt financing. In August, Benten raised $2.94 million in a Series A Preferred Stock funding, bringing the total amount Benten has raised in 2012 to $4.0 million. Investors in the Series A round included the Life Sciences Greenhouse of Central Pennsylvania (LSGPA), Penn Venture Partners, and private qualified investors led by Capgenic Advisors.