# Synapticon closes high single-digit million euro financing round

Synapticon GmbH closed a financing round of a high single-digit million euro amount to expand its team and research and development. The company plans to expand its Asian office, particularly in China.

- Type: Investment
- Announced: 2019-01-23
- Where: Germany
- Status: announced
- Products: robotic motion control systems, integrated drive axes
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Synapticon](https://endata.com/companies/19486.md)

## Sources

- [htgf.de](https://www.htgf.de/htgf-portfoliounternehmen-synapticon-schliesst-weitere-finanzierungsrunde-erfolgreich-ab/), 2019-01-23: "Das zusätzliche Kapital wird Synapticon in erster Linie in neue Mitarbeiter und Forschung & Entwicklung investieren."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.