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Nextreme Raises $8 Million

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RESEARCH TRIANGLE PARK, N.C., Feb. 9 -- Nextreme Thermal Solutions, a developer of thermoelectric materials and devices, announced it has raised $8 million in Series A financing. A spinoff of nonprofit research organization RTI International, Nextreme will be led by former RTI entrepreneur Jesko von Windheim, a co-founder of Cronos Integrated Microsystems, a MEMS (microelectromechanical systems) company acquired by JDS Uniphase in 2000 for $750 million. The funding round, from investment firms SpaceVest, Aurora Funds, Harris & Harris Group Inc. and RTI, will be used to develop thermoelectric...Read full article

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    Published: February 2005
    CommunicationsCronos Integrated MicrosystemsdefenseJDS UniphaseMaterialsMEMSNews & FeaturesNextremeNextreme Thermal SolutionsRTI International

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