Mature 3D scanner tech firm Artec 3D raised €15m in a loan through the EIB. President and CEO Artyom Yukhin explains.
Can you tell us what motivated Artec 3D to seek funding from the European Investment Bank (EIB) rather than traditional equity investors?
Artyom Yukhin: For 18 years, Artec 3D was fully self-funded and profitable from its early years, which allowed the company to avoid equity-based funding. The motivation to seek EIB financing was not financial necessity, but rather recognition of the company’s strategic importance to…

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