Boston Financial & Equity Corporation recently closed two new transactions totalling $400,000.

A Massachusetts company founded by a team of MIT engineers (named Forbes top 30 under 30!), initially backed by Angels, recently received their first round of $6m from a Venture fund. The company has introduced a “new” suspension system for autos and trucks. Their technology virtually eliminates the perception of road bumps while enabling unprecedented handling. We closed a $200,000 equipment lease for a Dynamometer. Also closed was a $200,000 equipment lease for a Bench Top Extruder for its patent pending technology. The company, originating out of North Carolina State, creates polymers from low value renewable biomass such as corn starch. They are a zero-revenue company, but its future plans are to begin commercializing two new products, one for water treatment and one for a super absorbant polymer to be used in commercial materials.