Summary
Safeguard Scientifics has participated in a follow-on financing for portfolio company meQuilibrium.
meQuilibrium provides a wellness and stress reduction system for businesses.
SFE is attempting to maximize shareholder returns from its existing portfolio as the firm appears to wind down its operational activities.
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Quick Take
Safeguard Scientifics (SFE) has made an investment in meQuilibrium’s recent $7 million Series C funding round.
meQuilibrium operates an online system that promotes healthy workplace behaviors and helps employees reduce stress.
SFE is exiting the investment business but continues to support its existing portfolio companies as it seeks to maximize shareholder returns.
