Nanotech start-up Gauzy raises USD 60 million and snaps up France’s Vision Systems
Nanotech start-up Gauzy has successfully raised USD 60 million in a Series D financing and acquired Vision Systems – Architect of Innovations.
Gauzy develops smart glass technologies, will add to its offering Vision Systems’ ADAS and shading solution.
Vision Systems employs 300 people and is considered to be a leader in shading solutions in the aeronautic, land transport, and marine industries, as well as having expertise in ADAS.
Existing investors who participated in Gauzy’s funding round include IBEX, along with Olive Tree VC, Blue Red Partners, Waarde Capital, and Avery Dennison. New investors include Walleye Capital and 3A Capital.
Gornitzky & Co. advised Gauzy, with Yoni Raff, Netanel Kahane and Josh Kersner (Corporate) and Idan Baki and Aryeh Goldman (Finance) instrumental on the deal. The team at Gornitzky worked with McDermott Will & Emery.
