Canatu raises € 15M from DENSO Corporation, 3M Ventures and Faurecia

Canatu raises € 15M from DENSO Corporation, 3M Ventures and Faurecia

Canatu raises € 15M from DENSO Corporation, 3M Ventures and Faurecia

Helsinki, Finland – Canatu Oy announced today a capital raise of total €15 Million, from both a new investor, 3M Ventures, as well as, existing investors: DENSO Corporation leading the round and Faurecia.

Press release in FinnishGerman and Japanese.

“We are excited to be able to scale up our automotive business and mass production with our existing investors and to start expansion to new business and product domains with our new investor 3M. We will continue developing the award-winning Canatu products, IP and production technology to further improve our competitiveness”, says Juha Kokkonen, CEO of Canatu Oy.

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