Belgium-based XTrion has led the $2.6m equity and debt round for US-based technology company MicroGen Systems.
The oversubscribed round includes $800,000 from a separate licensing agreement, and a contract with the NY State Energy Research Development Authority
Rudi De Winter, managing director of XTrion, which owns X-FAB Silicon Foundries, Melexis and M-MOS Semiconductor, said: “MicroGen’s core principal devices will have a direct positive environmental impact. XTrion believes that the MEMS-based piezoelectric vibrational energy harvester (PZEH) technology being commercialized by MicroGen…
