Electranova Capital and Oraxys Team Up to Finance Leosphere’s Global Expansion

LEOSPHERE, an established and recognized global leader in the laser radar remote sensors market (LIDAR), has finalized a 10M€ fundraising, the second tranche of a €20 million equity transaction. This second tranche was closed with Electranova Capital, the venture capital fund managed by Idinvest Partners and sponsored by EDF, the world’s second largest utility company. The first tranche had been concluded in December 2012 with Oraxys. (press release)