Kronomav closed a round of funding to boost its internationalization

Kronomav closed a round of funding to boost its internationalization More key and Inveready Technology Investment Group participate in the funding round of the Valencian company specialised in robotics applied to the audiovisual.

Kronomav systems It has closed a round of funding through contributions of Comval undertakes F.C.R., fund managed by major key and Inveready, Venture Debt specialist in leading technology companies in the Spanish market and which has just entered in the shareholders. The company has also got funding from the Ministry of industry, energy and tourism (within the program of strategic action of economy and Digital society) and the national entity for innovation (ENISA), thanks to an agreement that the key managers wholesale and Inveready remain in this entity within the framework of the Co-Investment Spain - start-up Fund.

The companys robotic valenciana, which concentrates a 85% of sales in international markets, mainly in Asia, has managed this new round to strengthen your internationalization plan in emerging markets.

Kronomav is a robotics company applied to machine vision. Its products and services are oriented mainly to the audiovisual market and the market of security, defense and environment. The solutions applied to each market come from skills acquired by its executives in the fields of computer vision (machine vision and digital image processing) and Robotics (communication between machines and incorporation of sensors) for more than 20 years.

For 2013, the company has boosted a new line of robotic oriented markets Pro-AV, incorporating audiovisual technologies (visible or thermal spectrum systems) and sensor technologies (radars, telemetry systems, antennas,.), specially designed for the defence and security markets.

The company maintains a high specialization in the market of broadcast, through the transmission of live 3D systems and solutions of travelling for television and virtual scenarios. His expertise in 3D solutions has live enabled him to participate in events of great global impact, such as the Olympic Games of London 2012, Roland Garros, or listening for Mediapro of matches of the League of professional football, as the last match FC Barcelona - Real Madrid CF broadcast last October 26.

Toward a new model

Kronomav proposes a boost to its model of business in order to accelerate growth. The new model maintains the direct sale and provision of services in Europe and introduces the creation of companies participated with local partners in emerging markets. The obtained resources will be allocated to support the continuing efforts of r & d in the areas of audio-visual, defence and the environment, as well as support the internationalization with the new scheme in markets where it is already having a great reception, such as the Asian markets, and in the upcoming expansion to Latin America.

To develop this bet the company partners have agreed incorporating an Executive, Luis Catal , with experience in strategy that will help drive this growth.

The shareholding of the company is led by the project executives and Venture capital funds, which keeps the majority of the capital.

LINK:	http://www.panoramaaudiovisual.com/en/2013/12/03/kronomav-cierra-una-r...
	See more stories from panoramaaudiovisual

Most recent headlines