NIT Raises 3M Euros

CMOS image sensor start-up New Imaging Technologies (NIT) has successfully concluded a round of private equity financing from French high-tech investment firms ACE Management, Alto Invest, Emertec Gestion, totaling 3M euros. The new round of investment for NIT is oriented towards the ongoing development of innovative CMOS image sensor technologies and further business expansion. “This substantial capital increase will allow us to implement in time our strategic roadmap of new product introduction and sales development ”, says Pierre Potet President of NIT,

Thanks to A.T. for this info.