Mekitec secures €2.2M in capital investment

Finland 13 March 2014
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Mekitec, an Oulu, Finland-based company providing X-ray-based food inspection systems, announced securing €2.2M ($3M) in investment.

The money comes from Finnish investors including Finnish Industry Investment and Inventure and will be used to develop its R&D and production, accelerating its growth and internationalization process.

Mekitec, founded in 2006 and led by CEO Mikko Nuutinen, manufactures a X-ray scanning technology that allows users to identify and remove foreign objects such as metal, glass, sand, bone chips or pieces of plastic from food packages. The company employs 50 people, has R&D and production operations in Finland and Xi’an in China, and sales offices in Hong Kong, Germany and the USA, already delivered food safety equipment in 18 countries, in three continents.

Total investments received (USD): 5.42M

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