Based at the Montpellier BIC Cap Omega incubator, Odesyo innovates for digital printing with its new color control system. Following its recent round of funding, the startup will dive into the global market at LabExpo in Brussels in late September.
Hiring in 2019Incubated by Montpellier BIC and SAAT AxLR, the company has been located at the Cap Omega facility since 2018. Odesyo now has its eyes set on the global market:
That is why the recent round of funding is so important, ideal for approaching international sales and pursuing technological research. Odesyo plans to hire two new employees in 2019, joining the company’s current six-person team.
“We are targeting some 10,000 companies that use digital printing machines, notably for custom textiles, packaging, and labels, as well as 150 to 200 manufacturers. We want to move quickly.”
Financial backers from the Montpellier ecosystem are participating in the effort: Odesyo raised 500,000 euros from Melies Business Angels, Sofilaro, Venise Invest, and Kozinet. Funding was rounded off by financial relays provided by the Occitanie Region, Créalia Occitanie, and Bpifrance. The young company hopes to sell about twenty systems in 2020.