Mechanology, an Attleboro, MA-based cleantech company, has raised $5.8 million in an equity offering that could total $6.5 million, according to an SEC filing. Four investors participated in the financing, according to the federal documents. Mechanology, first founded in 1989, has previously received funding from the Department of Energy to design a more efficient air management system for automotive fuel cells, using its compressor and expander technology.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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