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.