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August 21, 2007

Beneq Raises €3M For Coatings LEDs

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Beneq, a Finnish startup that develops reactors to apply so-called functional coatings on metals, glass, and ceramic has raised €3M [via Unquote.com] from Via Ventures, a Danish venture fund, and Inventure, which is a local fund (formerly known as Holtron Ventures) that has invested in some names you'll recognize like MySQL, Fastrax, and Xelerated.

The startup, whose tech creates films that measure in the nano range, has some traction, as the VCs say. It reportsseveral contract wins for equipment to apply anti-tarnish coatings. And earlier this year it started in the lab to develop processes to coat semiconductor wafers, in particular substrates for GaN LEDs, the kind that industry uses to make high-brightness blue lasers and white lights. The venture received an earlier funding round from Inventure.

Read Beneq's news

Posted on August 21, 2007 03:45 AM | Posted to News And Updates | Semiconductor Manufacturing Equipment | Permalink

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