Teslin, an entrepreneurial investor, and De Engh completed the €34m investment in Accsys Technologies, a company that enhances the natural properties of wood to make high-performance and sustainable building products. “Today we announce a fundraising and refinancing package that will strengthen our balance sheet and improve Accsys funding position, which is essential for our growth. I would like to thank our shareholders for their continued support and belief in Accsys. Like many other businesses, while we are actively managing very challenging near-term headwinds, our confidence in our premium products remains unwavering. Accoya's premium offering set Accsys apart in the marketplace, strongly positioning our business for success. The proceeds from the Capital Raise will support completion of our US Accoya plant, enabling us to fully target our largest addressable market,” Jelena Arsic van Os, Accsys Technologies CEO.