MEMGen Raises $5.7M

From: Marshall Burns (Marshall@Ennex.com)
Date: Thu Jul 18 2002 - 03:57:08 EEST

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Congratulations are in order for Adam Cohen, formerly of 3D Systems and
Soligen, founder of Rapid Prototyping Report, and now CEO of MEMgen,
which is advancing digital fabrication at the micro scale.

MEMGen Raises $5.7M

---- Burbank-based MEMGen (www.memgen.com) announced that it has raised $5.7M in a second round financing from Partech International. Previous investors Dynafund Ventures, Draper Fisher Jurvetson, Chevron, Zone Ventures, Atherton Venture Partners, LLC, Venture Law Group, Riordan & McKinzie, and McDonnell 1998 Co-investing all participated. MEMgen is developing fabrication technology for miniaturized devices, including Micro Electro Mechanical Systems (MEMS). The company's previous round was $11M in February of last year.

For more information about the rp-ml, see http://rapid.lpt.fi/rp-ml/

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