Europe
Metris Raises EUR 20 Million
By Antwerp, Belgium
Apr 14, 2005, 10:10

GIMV invests 7 million euros in Metris, a spin-off from the Catholic University of Leuven (KUL). GIMV’s investment is part of 20 million euros new funding. Beside GIMV as lead investor, other current shareholders of Metris also participate.

Metris will use the resources from the funding round to acquire two companies: the Belgian Krypton, another KUL spin-off, and the American MetricVision.

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