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Unquote
  • Expansion

Omnes Capital in €3.5m round for MultiX

  • Alice Tchernookova
  • Alice Tchernookova
  • @alicetcherno
  • 17 March 2017
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Omnes Capital has taken part in a €3.5m round for MultiX, a developer of x-ray imaging technology for airport security and non-destructive testing applications.

Omnes Capital was joined by new investor H3C, the investment arm of the China-based IT infrastructure group H3C Technologies.

Previous investors, including Ace Management, Alto Invest, CEA Investissement, EurekaP, Helea Financiere, Kreaxi and Thales Group, also took part in the round.

MultiX

  • DEAL:

    Expansion

  • VALUE:

    €3.5m

  • LOCATION:

    Moirans

  • SECTOR:

    Electronic equipment

  • FOUNDED:

    2010

The new financing will enable MultiX to begin production and continue its international expansion and growth into new sectors. With an established presence in the US, the group will now target Europe.

Company
MultiX was founded in October 2010 by Jacques Doremus and Patrick Radisson with the support of the French Atomic Energy Commission (CEA) and Thales.

The company provides its clients with detection sub-systems that allow for baggage security checks, reduced operating costs for airports and passenger comfort, making it possible in particular for liquids to be carried during air travel.

In the non-destructive testing sector, MultiX's systems also allow for improved discrimination between unwanted objects in the food processing industry, according to the company.

MultiX also services customers in the food processing and recycling sectors. The group manages a manufacturing plant in Moirans. According to Capital Finance, the group's turnover is projected to be around €20m in 2018.

People
Omnes Capital – Renaud Poulard (partner); Jacques Doremus (analyst).
Ace Management – Gilles Daguet (CEO); Stéphanie Hillar (associate).
Alto Invest – Benoît Thiedey (president).
CEA Investissement – François Breniaux (investment director).
EurekaP – Guy Rigaud (associate director).
Kreaxi – Sébastien Touvron (chairman).
Thales Group – Nathalie Ravilly (vice-president)

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