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Funding will enable Canatu to invest in R&D and manufacturing expansion.
September 11, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Canatu Oy has received €22 million late stage funding via a series of investments of €10 million and a loan of €12 million from the European Investment Bank. This investment is one of the largest investments in a Finnish startup. The funding will enable Canatu to respond to solid market demand and to invest heavily in R&D and manufacturing expansion. Plans also include the construction of a new, larger factory. The company currently employs 40 people worldwide and its headquarters an...
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