Espoo -- Heptagon, a leading supplier of micro-optical products has raised additional €6.2 million capital from its existing venture capital partners, Finnish National Fund for Research and Development (Sitra), Finland and InnovationsKapital, Sweden and two new Central European venture capital partners Innovacom, France and High Tech Private Equity, Germany.

“The closing of this financing round gives us at Heptagon the foundation for an increase of marketing and production capabilities. With this we will be able to leverage our unique technology and to become the leader in some key markets. This will enable us to grow faster.”, says Andreas Herren, CEO of Heptagon. “By adding two Central European venture capital firms, we increase our footage in this key market.”

“Heptagon is a prime example of a high-tech company that has grown from persistent investments in science,” says Tuomo Airaksinen, Investment Director from Sitra Industry Ventures. “Today Heptagon’s expertise in micro-optical components creates value to its customers by taking care of the whole development phase from design to volume production.”

Heptagon Oy