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Fundraising
December 8, 2022
Mesodyne Announces Seed Funding to Commercialize the LightCell: Nor’easter Ventures Leads Round of MIT Startup Delivering Long-Endurance Quiet Power to the US Military
Mesodyne Inc., the developer of solid-state portable power generators for small unmanned autonomous vehicles and mobile platforms, announced the closing of a $1.75m seed financing led by Nor’easter Ventures. TechStars, Luminate, Capital Factory, and the co-founders of Razor's Edge participated in the financing. This seed financing complements more than $3.5m in non-dilutive funding that Mesodyne was previously awarded from NSF, DOE, ARMY, DARPA, Mass-Ventures and AFWERX.