Oxxius, a French manufacturer of
compact lasers, said it raised an additional €8 million in its second
financing round - on top of €2.4 million raised earlier.
Funding was led by existing shareholder Sofinnova Partners, joined by AXA Private Equity and San Francisco-based Soffinova Ventures.
The company, a four-year-old startup at one France's small tech clusters in Lannion, Brittany, was co-founded by CEO Thierry Georges, a former laser researcher at France Telecom and founder of another start-up, Algety Telecom, which was eventually sold to Corvis Corp. Oxxius, in a statement, said it would use the funds to scale up production and marketing of its range of lasers for sale to instrumentation companies.
Funding was led by existing shareholder Sofinnova Partners, joined by AXA Private Equity and San Francisco-based Soffinova Ventures.
The company, a four-year-old startup at one France's small tech clusters in Lannion, Brittany, was co-founded by CEO Thierry Georges, a former laser researcher at France Telecom and founder of another start-up, Algety Telecom, which was eventually sold to Corvis Corp. Oxxius, in a statement, said it would use the funds to scale up production and marketing of its range of lasers for sale to instrumentation companies.
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