MicroCHIPS Receives $16,500,000 New Financing Round

  • Feed Type
  • Date
    1/7/2010
  • Company Name
    MicroCHIPS
  • Mailing Address
    6B Preston Court Bedford, MA 01730
  • Company Description
    Microreservoirs are the core of our technology. Reservoirs can be incorportated into standalone devices that look like microchips, or they can be incorporated into an existing product to make it better. In all cases, reservoirs are at the center of our business.
  • Website
    http://www.mchips.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes from the funding round were not disclosed.
  • M&A Terms
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Polaris Venture Partners
  • Venture Investor
    Novartis Venture Fund
  • Venture Investor
    Flybridge Capital Partners
  • Venture Investor
    Medtronic
  • Venture Investor
    Saints Capital
  • Venture Investor
    Intersouth Partners
  • Venture Investor
    Care Capital
  • Venture Investor
    Undisclosed