Stantum raises 10m Euros

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.