We are very pleased to announce that this week SMART Photonics completed another equity investment round.
CFO Robert Feelders: “We collected another € 6 million, mainly from informal investors. Besides this new investment, the majority of our existing informal investors converted their loans into shares (€ 4,5 million), which strengthens our financial position even more. This expresses great confidence in our potential and growth. With this new funding, we will be able to improve both the stability and robustness of our processes, that will lay a firm foundation in making the next step towards a full production plant.”
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