Advanced Materials Manufacturer Pixelligent Closes $10.4M In Funding
Pixelligent Technologies, a developer of high-index advanced materials for solid state lighting and display applications and producer of PixClear products, announced today that it closed $10.4 million in new funding.
Wynnchurch generates 4x return on sale of autoparts maker
Wynnchurch Capital, a leading middle market private equity firm announced the sale of Wolverine Advanced Materials (“Wolverine”) to ITT Corporation (NYSE: ITT) for approximately $300 million. Wynnchurch generated a return of approximately 4.0x multiple of invested capital on its investment in Wolverine. Headquartered in Dearborn, Michigan, Wolverine is a global leader in developing and manufacturing proprietary products for automotive braking systems and highly engineered sealing solutions for harsh operating environments across a range of industries. Over the past 80 years, Wolverine has built a reputation for quality, innovation and thought leadership in material sciences. Through customer-focused innovation, Wolverine developed the...
This startup can grow metal like a tree, and it’s about to hit the big time
A little known Seattle startup could do for metal what 3D printing is doing for other materials like plastic.
Carbon3D Raises $100 Million to Make 3-D Printing Speedy
3-D printing technology firms have long promised to make manufacturing efficient in every way. One Redwood City, Calif.-based startup, Carbon3D Inc., is taking aim at that market with a fresh $100 million in Series C funding led by Google Ventures.
GM starts harvesting tech from startups
General Motors is starting to harvest technology from the 20-plus startup companies in which it has invested....
Cuomo to Include $100M Fund in Budget
"Governor Andrew Cuomo struck a deal with lawmakers to include a $100 million venture capital fund, double the initial request, in the state budget"
Latin-American Additive Manufacturing Service Bureau, Robtec, to be Acquired by 3D Systems
The terms of the transaction have not been disclosed. The transaction provides 3DS with the strongest possible platform for its Quickparts fast-turn, custom manufacturing expansion plans in Latin Ame...
Novel Material Coating Technique Imitates Nature's Hydrophobic Lotus Effect
Of late, engineers have been paying more and more attention to nature's efficiencies, such as the Lotus effect, and studying its behavior in order to make advances in technology. As one example, lear...