Harvest Automation, TeraDiode Lead List of Tech Financing Deals

11/21/11Follow @gthuang

A list of the most recent tech financings around Boston paints a pretty representative picture of what kinds of companies are getting built here (robotics, hardware, defense tech, custom goods via the Web). Consider:

—Billerica, MA-based Harvest Automation, a maker of agricultural robots, has raised $7.8 million in new funding led by Entree Capital. We first wrote about the company in 2008 when it was called Q Robotics. Since then, we’ve profiled Harvest here.

—Littleton, MA-based TeraDiode, a developer of high-powered lasers for defense and industrial applications, has closed $10 million in Series B financing led by Argonaut Ventures. I wrote about TeraDiode’s laser-weapon technology in July (yes, weapons). The company appointed a new CEO, Parviz Tayebati, in September.

—Cambridge, MA-based CustomMade.com said who its investors in its recent $2.1 million funding round are: Google Ventures and First Round Capital led the round, with a number of other firms and angel investors also participating. Earlier this fall, I wrote about CustomMade’s approach to online customization service.

That’s it for now, but there’s more financing news coming very shortly…

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @gthuang

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