TactoTek shapes $5.9m round

Dec 13, 2017 •

VTT spinout TactoTek has attracted $5.9m in funding from Ascend Capital Partners.

TactoTek, a Finland-based 3D moulded plastic electronics manufacturer spun out of VTT Technical Research Centre of Finland, has received €5m ($5.9m) from VC firm Ascend Capital Partners, according to Nordic 9.

Founded in 2011, TactoTek produces injection-moulded structural electronics that are created by inserting printed circuitry and electric components, such as light-emitting diodes (LEDs), into plastics that are formed into specific shapes.

The technology has applications in areas including automotive, home appliances and wearables.

The spinout previously raised $20m in a round backed…

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