Capricorn Cleantech Fund and SEB Venture Capital invest € 3.3 million in Xylophane AB
Leuven, 27 January 2009 - Capricorn Venture Partners announced today its investment in Sweden based Xylophane AB, Gothenburg.
Xylophane AB, developer of a unique renewable packing material that extends the shelf life of sensitive food products, has raised € 3.3 million (34 MSEK) in an issue of new shares. SEB Venture Capital and Capricorn Cleantech Fund joined as new investors. The capital ensures the expansion and operation of the company's pilot factory.
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