Thursday, October 14, 2010

Microstaq Raises $10.1M

Austin-based Microstaq, a developer of micro-electro-mechanical (MEMs) based electronic fluid control valves, has raised $10.1M in a funding round, according to a regulatory filing by the firm this week. According to the filing, the firm is in the midst of a $18.6M fundraising effort. Names of the investors were not disclosed, however, the firm has previously raised funding from Good Energies, Yaletown Venture Partners, and Polygon Group. More information »