Imasen Mexico Technology S.A. de C.V. announced that it will receive $10 million (MXN 131.85 million) in an equity round of funding from existing investor Imasen Electric Industrial Co., Ltd. on March 10, 2014. The transaction is expected to close tentatively by the end of March 2014. The transaction was approved at the meeting of the managing board of the investor.

Pursuant to the transaction, the capital of the company will increase to about MXN 198 million. The conversion was made through www.oanda.com on March 10, 2014.