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News in brief

Famoco raises US$1m

News in brief

NFC device maker Famoco has raised a US$1million finance round from two venture capital funds. “After two years of research and development of the business in Asia, this new investment will help Famoco to continue opening new markets in EMEA,” says CEO and co-founder Lionel Baraban. In October the company launched its FX 100, a lockable NFC device aimed at business use.

Filed by Email Karl Dyer nfcworld.com Published • Last updated 6 November 2013, 17:31

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