Isorg, a French company that produces organic and printed electronics for large area photo-detectors and image sensors, has raised a €24 million funding round led by New Science Ventures (NSV), a US-based investment firm, and Bpifrance, through its fund Large Venture, with participation from Financière Fonds Privés (FFP), Sofimac Innovation, CEA Investissement, and Dynalim.
“We are heading towards launching the large-scale commercialization of our image sensors and other printed electronics solutions, which are in high demand among manufacturers of consumer electronics and biometric devices,” said Jean-Yves Gomez, CEO and co-founder of Isorg.
The technology developed by Isorg is said to allow to transform plastic and glass substrates into “smart surface” with sensing capabilities. Its flexible image sensors are used by companies in the medical and security industries, as well as IoT and consumer electronics.
Founded in 2010, the company has raised a total of more than €33 million to date.