We are excited to welcome a new investor on board Fimmic and WebMicroscope. Our new partner is Ascend, a leading international venture capital and financial advisory firm. Our existing investors also participated the funding round that was in total €5M. As a result, the total funding raised in 2017 will be €6.6M.
The new funding will be used to expedite our international expansion. It enables us to extend our footprint in both existing and new markets. The investment enables us to further strengthen our existing Deep Learning AI algorithm development and WebMicroscope platform overall. In addition the investment allows us to grow our team and expand our marketing actions.
The announcement is available on Cision Website.
Link to Ascend Capital Partners Website