EE Tech Gets $280K; Army Backing

Empowering Engineering Technologies, the Seattle-based company that seeks to help disabled people walk around better, said today it has secured $280,000 out of a Series A financing round that could be worth as much as $750,000. Part of the investment came from Wings, the medical device angel network supported by the Washington Biotechnology & Biomedical Association. Separately, EE Tech said it has received a $140,000 grant from the U.S. Army’s Medical Research and Materiel Command to develop the technology. The company, headed up by CEO Brian Glaister, also won a $10,000 prize in this spring’s University of Washington Business Plan Competition.

Author: Luke Timmerman

Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.