Asqella, a Helsinki, Finland-based developer of novel submillimetre-wave camera technology for fast throughput personnel screening, raised €1.8m in equity financing.
The round was led by Shenzhen Lietou Fund, under Shenzhen Leaguer Venture Capital, and VTT Ventures Oy.
The company intends to use the funds to introduce the ARGON to global markets.
Led by Arttu Luukanen, co-founder and Managing Director, Asqella provides passive submillimetre-wave imaging systems for security screening applications, which leverage a super-sensitive imaging sensor array. In addition to the security screening market, the technology can be applied in loss prevention, especially in retail distribution centres.
FinSMEs
09/04/2015