BT Imaging Completes Financing Round

BT Imaging Pty. Ltd. (BTi), a supplier of luminescence-based inspection and quality control systems for the photovoltaic manufacturing industry, has completed a Series A2 financing round totaling $3.8 million.

This round of financing includes existing investors Allen & Buckeridge and Uniseed, and new investor, Applied Ventures LLC, the venture capital arm of Applied Materials Inc. Applied Ventures is taking an equity stake in BTi.

According to the company, the funds will enable BTi to accelerate product development, launch global expansion plans, and strengthen and defend its portfolio.

SOURCE: BT Imaging


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