Energy Technology Ventures (ETV), a multi-corporate venture capital firm on behalf of oil major ConocoPhillips, industrial conglomerate General Electric (GE) and utility NRG Energy, was the other strategic investor.

Arctic Sand Technologies, a US–based power conversion semiconductor company spun out of university Massachusetts Institute of Technology (MIT) in 2011, has raised $9.6m in its series A round from a consortium including Germany-based Dialog Semiconductor.

Energy Technology Ventures (ETV), a multi-corporate venture capital firm on behalf of oil major ConocoPhillips, industrial conglomerate General Electric (GE) and utility NRG Energy, was the other strategic investor.

The financial investors cane from venture capital firms Arsenal Venture Partners and Northwater Capital and Ray…