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ICON raises 10m Euros for Stantum Technologies, pioneer developer of multi-touch sensing technologies

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Deal Release:

ICON raises 10m Euros for Stantum Technologies, pioneer developer of multi-touch sensing technologies

22 Nov 2013

Stantum Technologies a pioneer developer of multi-touch sensing technologies, announced it has secured €10million in Series B funding. CDC Innovation and Auriga Partners co-led the round with Xange Private Equity.

The new funding will be used to develop a worldwide sales and marketing organisation in the U.S., Europe and Asia; increase R&D capacity for next-generation

sensing technologies and new products; and establish and increase mass manufacturing capabilities through partners.

The Deal: