BT Imaging (BTi), an Australia-based supplier of inspection equipment for solar panels, brings in strategic investor Applied Ventures.
Applied Ventures, the corporate venturing division of US-based technology company Applied Materials, has joined the consortium backing the extended series A round for BT Imaging (BTi), an Australia-based supplier of inspection equipment for solar panels.
BTi raised A$4.5m ($3.8m) in its series A2 round after closing its series A at A$3m in May 2008. Both A rounds also included funding from Australia-based venture investors Allen & Buckeridge, which has computer company IBM as one of its limited partners, and Uniseed,…