Faurecia partners with start-up TactoTek
Recently, the French automotive supplier Faurecia announced a new collaboration with the Finnish start-up company TactoTek. Through this investment, the group wants to strengthen its expertise and technological offer in smart surfaces.
TactoTek is a leading provider of solutions for injection moulded structural electronics (IMSE): integrating printed circuitry and electronic components into 3D injection moulded plastics. The investment in TactoTek strengthens Faurecia's capabilities for its “smart life on board” strategy, and in particular the development and production of intelligent surfaces.
TactoTek also announced that the partnership would enable further growth in its funding, which now exceeds $20M. Faurecia Ventures, the investment organisation of the automotive leader, joined other TactoTek investors in December 2016.
“Faurecia’s automotive interiors market leadership reflects their ability to deliver innovative solutions to market; when combined with TactoTek’s IMSE expertise, it’s an opportunity to re-think and revolutionise how and where electronic functions are deployed in vehicles, and the forms that they take.” stated Jussi Harvela, CEO of TactoTek. “We are very enthusiastic about our relationship with Faurecia and the shared vision of market transformation on which it is founded.”
Eric de La Gironnière, President of Faurecia Ventures, observed: “We are very pleased to partner with TactoTek. Their innovative process perfectly fits in our “smart life on board” strategy to integrate breakthrough HMI technology solutions which will play a key role in the cockpit of the future and will create a new on-board connectivity experience.”