One new reason to celebrate! Not only are FBGS growing but we once again obtained the trust of our financial partners.
We are proud to announce the successful completion of our latest – and highest so far – financing round. The high seven-digit sum was leveraged in only three months and will accelerate the already strong company growth at both locations Jena (Germany) and Geel (Belgium).
Supported by the long-time investors bm|t, X2 Equity and Xenics the investment will fund the expansion of production capacities, key product developments and further growth / engagement in strategic customer markets.
“We are very proud that our long-time investors and partners showed once again their trust in our technologies and business model and actively support our strategy and growth plan”, said Dr. Eric Lindner, CEO. “This is an important step in order to expand our market position and to further establish FBGS as the leading fully integrated FBG sensing solution provider for advanced medical and industrial sensing applications.”
Ten years ago, FBGS closed their first financing round, thus paving the way to success. At the time, it was the company’s first cooperation with its now trusted investors.