Perion invests HUF 411 mln in HandInScan

Deals

Hungarian Perion Venture Capital Fund has invested HUF 411 million in HandInScan to support the sales of the companyʼs hand hygiene monitor on foreign markets, the partners told Hungarian news agency MTI today.

Screengrab of the companyʼs website.

HandInScan is in talks with distributors in more than 30 countries and has already signed R&D cooperation agreements with hospitals in the United Kingdom, Austria, Switzerland, Singapore and Hungary, the company said. HandInScan aims to develop more products and file more patents in the future, it added.

Perion has invested some HUF 4.4 billion in Hungarian companies as an agent of the New Széchenyi Venture Capital Program.

Earlier, DBH Venture Capital Fund invested in HandInScan which was set up by the Budapest University of Technology and Economics in late 2012.

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