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ADVISO PARTNERS advised MZ TECHNOLOGIE on the opening of its capital to IN GROUPE
02/2024

With the support of ADVISO PARTNERS, MZ TECHNOLOGIE has successfully completed a capital raise in which IN GROUPE has participated...

Established in Gennevilliers (Ile-de-France region) in 2020, during the COVID-19 crisis, MZ TECHNOLOGIE is a leading developer of contactless and holographic touch technologies which contribute to limiting virus transmissions.

MZ TECHNOLOGIE has developed patented technology that enables to project tactile interfaces mid-air for multiple applications across various sectors. Its solutions can turn completely contactless interactive systems such as stop request buttons in transport systems, digital keypads, and screens for various use cases (e.g., digital service kiosks, airport check-in terminals, self-ordering kiosks or Kitchen Display Systems - KDS, for Quick Service Restaurants - QSR, coffee machine screens, etc…). The technological expertise of the company makes it stand out in its emerging market as one of the only few players able to operate small screens (less than 32 inches). In recognition of its innovations, MZ Technology was awarded the Bpifrance Excellence label in 2022.

To date, the Company sells its solutions directly to around ten clients, including major corporations, and through distribution partnerships with leading companies in the consumer equipment, transport and security sectors.

IN GROUPE, a high-tech company and integrator of comprehensive biometric identity and secure services solutions for the needs of the French State, businesses, and citizens, has taken a stake in MZ TECHNOLOGIE. This transaction will allow MZ TECHNOLOGIE and IN GROUPE to consolidate their strategic, technological, and commercial partnership in the identity and airport sectors.