« What's Your Social Media Biz Worth? | Main | IBM Acquires VC-Backed Dutch Security Software Firm »

December 05, 2006

VC For Nanda Technologies 10X Wafer Inspection Breakthrough

nanda.png
Investors in German chip wafer inspection startup, Nanda Technologies, say that the firm has a new method to check the quality of wafers that is a 10X efficiency improvement on existing systems, and as a result they've invested €1.8M to get a production prototype out of the lab and to fund market entry. Investors include the High-Tech Gründerfonds, Seedfonds Bayern and Ventegis Capital.

The firm's backers also said in a statement that the company's founders hail from Silicon Valley but they decided on Olching, Germany as the headquarters due to the region's 'leading-edge' suppliers of optical components and the nearness to potential customers in Asia, Europe, and the US.

Read- Ventegis Capital AG: Nanda Technologies erhält Finanzierung von Investorenkonsortium (boerse.de)

Posted on December 5, 2006 11:26 AM | Posted to News And Updates | Semiconductors | Permalink

Trackback Pings

TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/2604

 

©2004-2005 alarm:clock
 

©2004-2005 alarm:clock