(CercleFinance.com) – Geoflex, a specialist in satellite hyper-geolocation services, has just successfully completed a new funding round of 6 million euros allowing it to accelerate its commercial development and strengthen its production tool .
This funding round was carried out with the decisive support of Bouygues (Bouygues Telecom, Colas and Bouygues Construction), Stellantis and Thales, acting through their respective corporate venture entities, joining Demeter IM, shareholder of the company since 2018.
According to Geoflex, ‘the investment of these three major world groups, leaders in their markets, illustrates the strategic importance of Geoflex solutions at the heart of current challenges: new forms of mobility, the environment, technological breakthroughs, cyber security’.
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