Microstaq Scores Big Money from Good Energies

Award-winning chip developer Microstaq will use the $12.5 million to make a MEMS valve for more efficient air conditioners

Earlier this month, eight years' worth of semiconductor development culminated in a DEMO God being awarded to Steve Booth, co-founder and vice-president for marketing at Microstaq. And his 15 minutes of fame are about to get a repeat performance. On Friday, Microstaq, which supplies an energy-efficient valve for air conditioning units, is expected to announce a $12.5 million funding led by Good Energies, a New York investment firm focused on renewable energy.

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