Cambridge, MA-based MC10, a startup that designs stretchy, bendy electronics for various applications, said today it has completed its Series B financing with an additional $2.25 million from New York-based Windham Venture Partners. That brings the total round to $14.75 million, with North Bridge Venture Partners and Braemar Energy Ventures having previously invested.
Windham is known for its investments in life sciences, medical devices, and diagnostics. MC10 says the venture firm’s expertise “will boost MC10’s commercialization efforts across medical device and healthcare applications.”
Three-year-old MC10 is working on a number of health and wellness devices for consumers and healthcare providers, including “electronic skin” that can measure a person’s heart rate, activity level, and hydration, and a balloon catheter equipped with sensors to assist with heart procedures. The company, led by CEO Dave Icke, is also working on other kinds of devices such as portable, flexible solar cells and mini image sensors.
Author: Gregory T. Huang
Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003.
Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.
View all posts by Gregory T. Huang