New Science Ventures et al. inject €24m in Isorg

Francesca Veronesi
26 September 2018

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A consortium of new and existing investors has backed France-based Isorg, an organic and printed electronics devices specialist, in a series-B funding round.

New investors BPI France and US-based New Science Ventures (NSV) led the round. The series-B also saw new backer Financiere Fonds Prives (FFP) and previous investors Sofimac Innovation, CEA Investissement and Dynalim take part in the funding.

BPI France invested via its Large Venture vehicle, closed on €600m in 2013.

The funding will be used to continue the development of subsystems ready to be integrated into the various applications. It will also support the large-scale commercialisation of the company's applications in the coming years.

Company
Founded in 2010 and based in Grenoble, Isorg is a specialist in organic and printed electronics devices for large-area photonics and image sensors (the name of Isorg is the abbreviation of Image Sensor ORGanic).

The business offers technology converting plastic or glass into a smart surface able to capture information and react to it according to the application specifications. Isorg plans to develop and produce in high volume large optical sensors for a wide range of markets.

People
Isorg – Jean-Yves Gomez (CEO, co-founder); Emmanuel Guérineau (deputy CEO, co-founder).
New Science Ventures – Somu Subramaniam (managing partner).
BPI France – Nicolas Herschtel (deputy managing director large venture)
Financiere Fonds Prives – Thierry de Chambure (managing partner).