Mar 26 2013
EmiSense Technologies, LLC today announced it has closed its third round of funding. The investment round was led by strategic investor 9th Street Investments. EmiSense will use the US $6.5M in new funding to launch products, continue research and development, and support validation testing with global customers.
EmiSense PMTrac Particulate Matter Sensor. (PRNewsFoto/EmiSense Technologies, LLC)
"We are very happy to receive the investment and validation of our technology and business model," states Patrick Thompson , CEO of EmiSense. "The investment underlines the great progress we have made since the company was founded in 2009.
"EmiSense continues to hit critical technology milestones, and we are pleased to support the next stage in the company's development," states Doug Coors , Manager at 9th Street Investments, and Executive VP of CoorsTek.
EmiSense is developing improved electrostatic Particulate Matter (PM, or soot) sensors, simplified NOx (oxides of nitrogen, or smog) sensors, exhaust and intake oxygen sensors, and hydrocarbon sensors. "Right now, our primary focus is on the PMTrac® technology," explains Mr. Thompson. "Combustion-generated nanoparticles are a major air-quality and health concern all over the world. Current technologies are struggling to meet the regulatory deadlines just a few years away. PMTrac® delivers a combination of durability, sensitivity, and low cost to meet the needs of industry," he continues.
Clean diesel demand, including both on-road and off-road applications, are the major near-term drivers for smart sensors, while direct-injected gasoline engines are also expected to benefit from sensing technology breakthroughs. "One little-advertised byproduct of downsizing and turbo-charging is, while it produces greatly improved efficiency, it may also increase particulate matter output, and must be tightly monitored and optimally managed with closed-loop direct sensing."
Source: http://www.emisense.com