Advanced ferrite-based solutions provider, Metamagnetics, receives MassVentures START Stage I and Stage II funding, focused on supporting early-stage, high-growth companies to commercialize its technological innovation
Canton, MA - 11/20/2013
Elaine Trudell, Chief Operations Officer and President of Metamagnetics, said, "We're very pleased to receive a Mass Ventures START Stage II award for our power core technology and a new Stage I award to develop cost-effective, self-biased ferrite circulators. These innovative technologies have broad commercial applications, and these awards provide critical funding and tools to help us capitalize those market opportunities. The START awards, along with our recent SBIR wins and continued contract R&D work are keys to our trend of steady growth and success as an early-stage, high-tech company."