Omni-ID, a US-based supplier of industrial radio-frequency identification (RFID) tags, has raised $21m from a consortium including industrial conglomerate General Electric and electronic-paper maker YFY Group’s corporate venturing units.
Private equity firm Trillium International led the round, which also included Stonehenge Growth Equity Partners as well as GE Ventures and YFY. Ralph Taylor-Smith of GE Ventures and Bingyi Lin of YFY have joined Omni-ID’s board.
Taylor-Smith, who has recently joined GE Ventures from Battelle Ventures, said: “We are constantly on…
