Cherrystone brings investment in Mass. biotech firm to $1M

CHERRYSTONE ANGEL Group this week said it has closed on a follow-on round with Kalion in Milton, Mass. / COURTESY KALION
CHERRYSTONE ANGEL Group this week said it has closed on a follow-on round with Kalion in Milton, Mass. / COURTESY KALION
PROVIDENCE – Cherrystone Angel Group this week said it has closed on a follow-on round with Kalion Inc., bringing its total investment in the industrial biotech company to $1 million. Cherrystone made its initial investment into the Milton, Mass.-based company in January 2014. The investor group said it invested its third round with the company…

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