eLichens raises €3 million

Grenoble-based startup eLichens raised more than €3 million in fresh capital from six investors this summer, less than two years after the company was founded. The company specializes in optical microsensors and software to measure and monitor air quality and works with several research labs, including Leti. Backed by a solid patent portfolio, eLichens is targeting markets like manufacturing, smart cities, and IoT.

The company has signed several contracts with key players in these industries—a factor that certainly helped tip the balance when it came to winning over investors. The influx of funds will position eLichens to ship products to its first customers, hire new employees, and pursue R&D efforts to round out its technology portfolio.

Contact: marc.attia@elichens.com

Facebook

Twitter