MTEK Industry AB announced that it has received SEK 60 million in funding from Altra Industrial Motion Corp., ABB Technology Ventures

MTEK Industry AB announced that it has received SEK 60 million in a round of funding on June 17, 2021. The transaction included participation from Altra Industrial Motion Corp. (NasdaqGS:AIMC) and ABB Technology Ventures. The transaction was raised at a post money valuation of SEK 550 million.