Flexible Electronics News

Canatu Raises €12 Million Funding

Funding received from wo new investors, as well as an existing investor, Faurecia.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Canatu Oy announced a capital raise of €12 million. The round consists of two new investors, DENSO Corporation and Ascend Capital Partners as well as an existing investor, Faurecia.   “These significant strategic investments coupled with partnerships enable Canatu to accelerate product development, further develop the mass production automatization, fasten market expansion, and expand to new strategic product areas,” said Juha Kokkonen, CEO of Canatu Oy.   A new strategic investor, Japanese ...

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