Blue Industry and Science, a Paris, France-based manufacturer of analyzers that quantify traces of gases in real time, raised €1m in funding.
Backers included Newfund, business angels and the management of Blue.
The company, which has raised €6m in total funding, intends to use the capital to increase its commercial deployment, targeting major international industrial partners.
Led by Julien Roquette, CEO, Blue makes tunable lasers adapted to the detection of infinitesimal amounts of hundreds of gases, in real-time, for the monitoring of industrial processes and work atmospheres. The company has developed dedicated solutions for customers in Oil&Gas, Energy, Food, Chemistry and Pharmaceuticals.