MC10 Closes $5.7M Financing

Xconomy.com -- MC10, a Waltham, MA-based startup developing stretchable silicon technology developed at the University of Illinois, has raised $5.7 million in a new round of financing, $1.7 million of which is equity from converted bridge loans, according to an SEC filing. Carmichael Roberts, the firm’s chairman and a general partner at North Bridge Venture Partners, declined to comment on the financing.