eologix sensor technology gmbh (eologix) has raised additional investments to support its growth strategy. The current round brings in 6 million euros. The fresh capital comes from Emerald Technology Ventures as lead. Nabtesco Ventures and Orlen VC are co-investors.
The existing investor, Phoenix Contact Innovation Ventures, is also investing in this financing round. With the fresh capital, the company wants to take the next step towards internationalisation. Currently, eologix is mainly active in Europe. With the additional investors, the company also wants to expand in the USA. The available new capital will not only be used to accelerate international expansion but also to drive further product development.
