Adents, a Massy, France-based product unit identification and traceability software provider, secured €8.5m in funding.
The round was led by NAXICAP Partners, CapHorn Invest, Omnes Capital and members of the management team.
The company intends to use the funds to expand its international presence and ensure the rapid deployment of its software solution on pharmaceutical product packaging lines in Europe and North America.
Founded in 2007 by Christophe Devins, CEO, Adents provides product unit identification and traceability software which allows laboratories and contract manufacturers to conform to regulations on time and in accordance with national specificities, protect themselves from counterfeiting and grey markets, control their distribution channels and create a personalized link with their customers.
The company has just opened two subsidiaries: Adents Canada Inc. and Adents US Inc.