Truffle Capital invests €7.5m in three energy companies

Truffle Capital contributed €3m to Neelogy's second round of financing. The capital will allow the company to finance its R&D and strengthen its commercial and industrial teams. Neelogy develops and commercialises magnetic sensors.

The venture firm also invested €1.5m in Acerde, a designer of high-performance materials founded in 2006. Acerde will use the fresh funds to develop its technology for X-ray tube anodes and generate its first short-term revenues.

Founded in 2010, Actility is currently designing a next-generation machine-to-machine communication platform. The €3m received from Truffle Capital will allow the company to fund the first release of its product.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

 

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