Equipois Gets $1.25M In Funding

Los Angeles-based Equipois, a developer of devices for providing better ergonomics, is closing on $1.25M in a Series B-1 funding round this week, the firm told socalTECH today. The new round is being led by Penny Black. Equipois develops mechanical devices to make objects weightless, which are used by manufacturers and others to reduce workplace injuries and improve efficiency. The round is planned for up to $3.0M, and so far comes from existing investors. More information »