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UK - MTI, Hotbed and BASF Venture Capital invest £4.9m in DataLase

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MTI Partners, Hotbed and BASF Venture Capital GmbH have invested ТЃ4.9m in series-B funding to support technology company DataLase. The company has developed a revolutionary high-quality method for applying laser-induced images for product identification, anti-counterfeiting, brand protection and document security purposes, on an array of materials at full production line speeds.

DataLase, which has recently expanded into the US from its headquarters in Widnes, has pioneered a range of patented coatings and additives that react and change colour with the simple use of a CO2 low power laser. The unique process allows graphics and data such as ingredient lists, barcodes, batch numbers, logos, special offers and promotions to be quickly, efficiently and cost-effectively applied to a range of substrates including primary and secondary packaging in the production line.
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