Micro Electromechanical Systems
Based in Silicon Valley and backed by a Forbes Midas List investor at a legendary venture capital firm, this company is led by two successful serial entrepreneurs who have created flexible MEMS (micro electro mechanical systems) technology that will initially improve performance of computational devices (chips and microprocessors) by more than 200% through a revolutionary approach to heat dissipation.
The company previously raised over US$40M and is now raising a US$10M Series A-2 preferred stock financing with existing investors taking super pro-rata positions in this round. Long-term, the company expects to achieve additional orders of magnitude improvement in heat dissipation – extending Moore’s Law for decades – and selling into two enormous multi-billion dollar markets for laptops and data center servers.
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Key Transaction Information
The company previously raised over US$40M and is now raising a US$10M Series A-2 preferred stock financing