19-Jul-2019, 10:40
I wonder if anyone noticed that Devialet raised a further 51 million Euros last year!
This number included a 35 million loan from the European Investment Bank.
Based on reports in the French financial press it seems that much of this money is earmarked for expansion of distribution channels into Asia, namely China, South Korea and Japan. New flagship stores in Beijing and Shanghai are being considered.
https://business.lesechos.fr/entrepreneu...or=AD-6000
Also mentioned in this article is the aim to reduce development time of new products.
It does seem as though commercialisation of the Phantom Reactor is the main focus.
Guillaume
This number included a 35 million loan from the European Investment Bank.
Based on reports in the French financial press it seems that much of this money is earmarked for expansion of distribution channels into Asia, namely China, South Korea and Japan. New flagship stores in Beijing and Shanghai are being considered.
https://business.lesechos.fr/entrepreneu...or=AD-6000
Also mentioned in this article is the aim to reduce development time of new products.
It does seem as though commercialisation of the Phantom Reactor is the main focus.
Guillaume