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Gen9 Grabs $1.5M

2011-09-09
Stealthy Gen9 has taken in $1.5 million of a planned $9.6 million new funding round. 13 separate investors noted in SEC filing.
CAMBRIDGE, MA, According to SEC filings, Gen9 Inc. has taken in $1.5 million of a planned $9.6 million new funding round.

While the filing with the U.S. Securities and Exchange Commission did not name the 19 backers in the new funding, listed as a related person is Scott Schoen, co-president of Thomas H Lee Partners LP, along with George Church. The funding is for both equity and warrant and notes for Series B preferred stock, according to the filing, and the filing noted there were 13 separate investors in the round.

CEO, Joseph Jacobson, head of the Media Lab's Molecular Machines research group, is working to reinvent microelectronics by developing processes for directly and continuously printing communication, computation, and displays onto arbitrary substrates. He received a PhD in physics from MIT and was a postdoctoral fellow in physics at Stanford.

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