University of Michigan and Virginia-founded Everactive has reached its series C target after three tranches.
Everactive, a US-based manufacturer of batteryless industrial sensors based on research at the universities of Michigan and Virginia, has completed a $35m series C round led by industrial maintenance and measurement equipment supplier Fluke Corporation.
The round included TOP Ventures and Asahi Kasei Ventures, the corporate venturing arms of oil refinery operator Thaioil and chemicals and materials producer Asahi Kasei respectively, as well as New Enterprise Associates (NEA), 40 North Ventures and undisclosed additional investors.
Fluke contributed to the round…
