MC10 Stretches for $12.5M More
Cambridge, MA-based MC10, a startup focused on designing electronics that can bend and stretch with the natural world, said today it has raised $12.5 million in Series B financing led by new investor Braemar Energy Ventures. Previous investors North Bridge Venture Partners, Osage University Partners, and Terawatt Ventures also participated in the round. MC10 is working on flexible biomedical sensors and devices, consumer electronics, sports and military applications, and portable (and possibly wearable) energy-generation devices. The company was founded in 2008 based on research done at the University of Illinois at Urbana-Champaign (John Rogers) and Harvard University (George Whitesides). MC10 is led by CEO David Icke.