Based on research at MIT, LiquiGlide has brought its overall funding to $50m following a $13.5m round.
LiquiGlide, a US-based developer of technology to remove the friction between solids and liquids based on research at Massachusetts Institute of Technology (MIT), has raised $13.5m in funding from unnamed backers.
The spinout concurrently announced strategic partnerships with toothpaste producer Colgate and personal care group Mibelle, but it is unclear whether they participated in the funding round.
LiquiGlide has developed technology that removes the friction between solids and liquids, with applications in packaging, manufacturing and medical devices. Colgate…