January 26, 2011

$250,000 from Automation Alley is latest funding boost for NextCAT

NextCAT Inc., has received $250,000 from Troy-based Automation Alley. The news continues a string of funding success in the past year for the Wayne State University spinoff. The company is based on work at WSU\'s National Biofuels Energy Laboratory at NextEnergy, which was funded by a $4 million grant from the U.S. Department of Energy.

http://www.crainsdetroit.com/article/20110126/FREE/110129923
http://www.mitechnews.com/articles.asp?id=12681

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