New Investor: TRUMPF

XARION Laser Acoustics today announced the completion of its Series A round of financing with a seven-digit investment volume. XARION succeeded in winning the newly-founded TRUMPF Venture GmbH as the largest investor.

The investment underlines XARION's and TRUMPF's joint intention to work together closely on the use of optical sensors in industrial process monitoring. The technological proximity of TRUMPF, and its deep roots in industry, offer good opportunities for the further development and growth of XARION.

TRUMPF is the world's technological and market leader for machine tools used in flexible sheet metal processing, and also for industrial lasers. In 2015/16 the company,  which has more than 11,000 employees, achieved sales of 2.81 billion euros.