Under the Radar in January: A Baker’s Dozen of New England Startup Financings Worth $1M or Less

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a solo under-the-radar financing, $215,000 in equity to Pittsfield-based American Energy Independence Company. The company’s website was under construction and they didn’t return calls, but other sources have described the company’s plans to capture spent vegetable oil from restaurants and refine it for home or business heating, auto fuel, and other energy purposes.

Some of these companies we’ve written about before, like Acton, MA-based eIQnetworks, when it nabbed $10 million in its first round of institutional financing last January. BioBehavioral Diagnostics, a Westford, MA-based maker of a system for diagnosing ADHD, showed up on the December under-the-radar list. Its $500,000 January debt financing also came in before the company announced the first close of its $10 million Series B round, a move we covered.

Life sciences companies weren’t huge on the under-the-radar list, though one unconventional medical devices maker pulled in $150,000 in equity. That would be UV Flu Technologies, Boston makers of an air purification system that kills airborne bacteria and viruses—even H1N1—and is FDA approved as a medical device.

Read below for the full list of last month’s under-the-radar deals.

eIQnetworksActon,      MAProvider of computer platforms that collect and analyze security and regulatory compliance dataDebt$1,000,000
U.S. Genomics

Woburn,  MA

Developers of genomic mapping technology used in bio-security, diagnostics, and food and drug contaminant monitoringEquity$1,000,000
Green Earth TechnologiesStamford, CTManufacturer of biodegradable, environmentally safe cleaning products, lawn and garden chemicals, and auto and marine performance chemicalsEquity$1,000,000
GroundedPowerGloucester, MAProviders of software that monitors and analyzes home energy consumptionEquity$918,000
VitruvaArlington, MAProviders of career search website that uses social media to match recruiters with job seekersEquity$850,952
EgeneraMarlboro, MAProviders of data center management softwareEquity$645,948
BioBehavioral DiagnosticsWestford, MAProducers of ADHD diagnostic systemDebt$500,000
Wormser Energy SolutionsSalem,     MADevelopers of technology to make coal-powered plants cleaner and more efficientEquity$325,002
American Energy Independence CompanyPittsfield, NHRefines spent vegetable oil into fuel and distributes multi-fuel burnersEquity$215,000
TerascalaAvon,       MAMakers of high-capacity computing storage appliancesSecurity to Be Acquired$150,000
UV Flu TechnologiesBoston,    MAManufacturers of air purification system that uses high-intensity ultraviolet radiation to kill airborne bacteriaEquity$150,000
Infinetics TechnologiesBoston,    MADevelopers of software to create private virtual internetworksDebt$100,000
Market76Old Saybrook, CTProviders of software for the consumer financial services spaceDebt$50,000

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