Fusion Coolant Systems, a University of Michigan (U-M) spinout based in Canton, Michigan, has raised $1.25 million in its first close of Series B funding.
Funding included an investment from U-M’s investment program Michigan Investment in New Technology Startups (MINTS) along with the Amherst Fund, a privately held investment firm based in Ann Arbor. Additional investors are expected to join the financing in the next six months. Funds will be used for Fusion’s laboratory expansion and to grow the engineering and sales team.
Fusion Coolant was founded in 2011 to deliver the next-generation of coolant and lubricant technology to advanced manufacturing operations through the use of supercritical carbon dioxide. www.fusioncoolant.com
Emuge North America partners with Hurco/Brooks
Emuge, a manufacturer of high performance rotating cutters and tool holders, is evolving its Technology Center in W. Boylston, Massachusetts into a full service center for manufacturing, grinding, training, and process development. This include the addition of a Hurco VMX30Ui 5-axis trunnion machining center and VM20i high-speed 3-axis vertical machining center for demonstrations and training. The facility will also be a resource for Hurco/Brooks customers for training and process improvement.
“We are very excited about our partnership with Hurco/Brooks and our expanded Technology Center in W. Boylston. Our goal is to offer Emuge customers complete tooling solutions including advanced cutting tool geometries along with 3- and 5-axis programming support,” says Bob Hellinger, president of Emuge Corp. “Emuge engineers can walk a customer through the proper cutting tool selection and then assist in helping them dial-in the correct operating parameters with our in-house machinery.” www.hurco.com, www.emuge.com, www.brooksmachinery.com
Expanded laser R&D capabilities/facilities
Control Micro Systems Inc., having recently participated in several collaborative laser material processing R&D projects with clients in the medical, aerospace, and consumer sectors, has expanded its applications R&D facilities and capabilities. CMS facilities now include CO2 (10,640nm), 2µm Thulium fiber (2,000nm), Ytterbium fiber (1,064nm), frequency-doubled Nd:YVO4 (532nm), frequency-tripled NdYVO4 (355nm UV), and a new multi-wavelength femtosecond laser. Support resources include beam-shaping and focusing optics, robots, programmable stages, vision systems, and test equipment. www.cmslaser.com