Dutch company One of a Kind sells a majority stake to Gimv for more than €5 million

Andrii Degeler

Andrii Degeler

Journalist and podcast host based in the Netherlands. Covering all things technology since 2007 for Tech.eu, Engadget, TNW, Ars Technica UK, the Kyiv Post, and more.
andrii@tech.eu

One of a Kind Technologies has raised a funding round from the Belgium-headquartered investment firm Gimv in exchange for a majority stake. The parties have not disclosed the valuation and funding amount, but the latter number exceeded €5 million, FD reported.

Founded in 2012 in Eindhoven, One of a Kind has since made two acquisitions and currently consists of five companies: Beltech, VIMEC Applied Vision Technology, Crux Agribotics, Smart Vision Center, and Uniq Engineering. The group employs a total of more than 65 employees.

One of a Kind's main focus is industrial-grade smart vision solutions for automatic inspection and measurement for customers that include Danone and Unilever. The group's revenue has reached €8 million, FD reports.

The company plans to use the fresh funding to grow its team twofold within the next five years with a focus on engineering talent, as well as open new offices in the Netherlands, Belgium, and the US.

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