E-con Systems Secures $13M to Fuel Global Expansion

OEM camera solution provider e-con Systems, which additionally develops embedded vision technology, computer on-module products, and solutions for autonomous mobile robots, agriculture, traffic, life science, and other markets, has secured $13 million to expand its operations within the U.S. and other countries. The company said that it aims to increase its revenue threefold in the next four years. Private equity firm GR 2022 Holdings provided the funding.