Fludicon, leading developer of active mechatronic components based on the use its electro-rheological fluids (ERF), which was spun off from Carl Shenck AG in 2001, announced the completion of its 3 million Euros financing. The round was led by Munich Venture Partners, with co-investors Schneider Electric Ventures, Fraunhofer Gesellschaft, KfW Mittelstandsbank and TechnoStart who was investor in Fludicon before.
