Tego raises $6 million

Tego Inc. announced today that it has closed a $6 million Series A investment.

The Waltham company is a designer and producer of high-memory, passive radio frequency identification, or RFID, chips for the aerospace, defense, transportation, and other industries that require large amounts of data to be stored on a passive tag.

The investment was led by Bainco International Investors, an asset management and wealth advisory firm with offices in Wellesley, Tego said.
(By Chris Reidy, Globe staff)