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    News in brief

    Famoco raises €4m in financing round

    News in brief

    French NFC device maker Famoco has secured €4m in a financing round led by Hi Inov. “Famoco will allocate a significant portion of its funding to R&D but also to international expansion, particularly in emerging countries and in the US market in the medium term,” the company says, after selling 10,000 terminals in 2014, with 60% of sales outside of France. Famoco unveiled its B2B Android NFC device in 2013.

    Filed by Email Rian Boden Published • Last updated 7 July 2015, 15:25

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