Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > €5 million investment enables Picodeon to ramp up research and manufacturing

Abstract:
Finnish coating technology specialist Picodeon Ltd is to accelerate the development and manufacture of its disruptive thin films and thin film deposition tools following completion of a EUR €5 million round of investment by Enso Ventures Ltd. In addition, Picodeon recently started a new project funded by TEKES (the Finnish Funding Agency for Technology and Innovation) with a value over EUR €1 million.

€5 million investment enables Picodeon to ramp up research and manufacturing

Ii, Finland | Posted on August 14th, 2013

The investment will fund further research into thin-film applications and the development of new thin-film materials, as well as the production of a market-ready range of laser deposition equipment.

Picodeon's patented Coldab® coating technology is an advanced Ultra-Short Pulsed Laser Deposition (US PLD) process. The technology enables high quality nanometer scale thin-film coatings including materials such as metals, composites, oxides and polymers, to be deposited on a vast range of substrates.

The process is produced by Picodeon's patented coating equipment, where material is vaporised in a laser-ablation process forming a plasma plume which condenses on the substrate to form a thin film. Applications include hard optical coatings for displays, screens and other transparent products, and may vary from super-hard low-friction thin-films to optical thin-films with anti-finger print properties. In July for example, Picodeon delivered a project to a semiconductor manufacturer for the US PLD deposition of a gold (Au) thin film.

"This investment round enables Picodeon to continue the commercialisation and production of its innovations related to nanotechnology thin-film solutions and equipment. Enso Ventures is an ideal investor for us as they are committed to a long-term business development plan," said Marko Mylläri, CEO of Picodeon.

"Picodeon is investing nearly EUR €2 million in the development of new automated thin-film coating equipment which will be up and running by January 2014. This is a unique machine to demonstrate the volume manufacturing potential of PLD coatings. It will show that the PLD process is not just a laboratory research concept, but that it is scalable into industrial applications by using Picodeon's innovations.

"Picodeon has a large portfolio of global patents including 18 granted patents and nearly one hundred patent applications. Managing such a patent portfolio is demanding, however the patent portfolio plays a critical role in our business model and in the value produced by the company. We believe we are an innovator in the technology pulsed laser deposition area," concluded Mylläri.

####

About Picodeon Ltd
Picodeon is a Finnish nanotechnology company specializing in thin film coatings and surface treatments with its patented Coldab® Ultra-Short Pulsed Laser Deposition (USPLD) process. The company is located in Ii, northern Finland and provides equipment, solutions and services for its clients worldwide. Picodeon is financially backed by Enso Ventures.

About Enso Ventures Ltd

Enso Ventures is a private investment and project management company that specialises in making selective equity investments in high-technology and bio-tech companies. It provides the required capital along with leadership and industry expertise with a clear focus on technology acceleration and commercial development to promote faster growth. Enso Ventures has offices in New York and London from which it manages its investments in Europe, USA and Russia. www.ensoventures.com

For more information, please click here

Contacts:
Camille Closs
Watch PR
Gibbon Road
Kingston upon Thames +44 (0)20 8286 0654

Copyright © Picodeon Ltd

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Physicists solve quantum tunneling mystery: ANU media release: An international team of scientists studying ultrafast physics have solved a mystery of quantum mechanics, and found that quantum tunneling is an instantaneous process May 27th, 2015

Nanotechnology identifies brain tumor types through MRI 'virtual biopsy' in animal studies: If results are confirmed in humans, tumor cells could someday be diagnosed by MRI imaging and treated with tumor-specific IV injections; new NIH grant will fund future study May 27th, 2015

Who needs water to assemble DNA? Non-aqueous solvent supports DNA nanotechnology May 27th, 2015

Controlled Release of Anticorrosive Materials in Spot by Nanocarriers May 27th, 2015

Thin films

Sandia researchers first to measure thermoelectric behavior by 'Tinkertoy' materials May 20th, 2015

Defects can 'Hulk-up' materials: Berkeley lab study shows properly managed damage can boost material thermoelectric performances May 20th, 2015

Efficiency record for black silicon solar cells jumps to 22.1 percent: Aalto University's researchers improved their previous record by over 3 absolute percents in cooperation with Universitat Politècnica de Catalunya May 18th, 2015

Science and Technology of Advanced Materials (STAM): Reported successes and failures aid hot pursuit of superconductivity May 15th, 2015

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

BESSTECH Announces $250K Investment from Eastern New York Angels : Funding will accelerate commercialization of BESSTECH’s innovative lithium-ion battery electrode technology and enable hiring of key personnel May 13th, 2015

Harris & Harris Group Portfolio Company OpGen Raises $17.1 Million in Initial Public Offering May 6th, 2015

Harris & Harris Group Sponsors NYC American Heart Association's Health Sciences Innovation Investment Forum: Co-founder of Harris & Harris Group Portfolio Company TARA Biosystems to Speak About the Value of Tissue Engineering Technology April 21st, 2015

Long Island Capital Alliance Announces Participants for Brookhaven National Laboratory Technology Transfer Capital Forum on May 8: Keynote Speaker Dr. Doon Gibbs, Director of Brookhaven National Laboratory April 16th, 2015

Govt.-Legislation/Regulation/Funding/Policy

Nanotechnology identifies brain tumor types through MRI 'virtual biopsy' in animal studies: If results are confirmed in humans, tumor cells could someday be diagnosed by MRI imaging and treated with tumor-specific IV injections; new NIH grant will fund future study May 27th, 2015

Who needs water to assemble DNA? Non-aqueous solvent supports DNA nanotechnology May 27th, 2015

One step closer to a single-molecule device: Columbia Engineering researchers first to create a single-molecule diode -- the ultimate in miniaturization for electronic devices -- with potential for real-world applications May 25th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Investments/IPO's/Splits

Arrowhead to Present at Jefferies 2015 Healthcare Conference May 27th, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

Nanometrics Announces Live Webcast of Upcoming Investor and Analyst Day May 20th, 2015

PEN Inc. Announces First Quarter Financial Results: Investor Webcast and Business Update Set for May 21, 1 pm EDT May 13th, 2015

Announcements

Physicists solve quantum tunneling mystery: ANU media release: An international team of scientists studying ultrafast physics have solved a mystery of quantum mechanics, and found that quantum tunneling is an instantaneous process May 27th, 2015

Nanotechnology identifies brain tumor types through MRI 'virtual biopsy' in animal studies: If results are confirmed in humans, tumor cells could someday be diagnosed by MRI imaging and treated with tumor-specific IV injections; new NIH grant will fund future study May 27th, 2015

Who needs water to assemble DNA? Non-aqueous solvent supports DNA nanotechnology May 27th, 2015

Controlled Release of Anticorrosive Materials in Spot by Nanocarriers May 27th, 2015

Tools

Seeing the action: UCSB researchers develop a novel device to image the minute forces and actions involved in cell membrane hemifusion May 27th, 2015

Physicists solve quantum tunneling mystery: ANU media release: An international team of scientists studying ultrafast physics have solved a mystery of quantum mechanics, and found that quantum tunneling is an instantaneous process May 27th, 2015

This Slinky lookalike 'hyperlens' helps us see tiny objects: The photonics advancement could improve early cancer detection, nanoelectronics manufacturing and scientists' ability to observe single molecules May 23rd, 2015

Nanometrics Announces Live Webcast of Upcoming Investor and Analyst Day May 20th, 2015

Photonics/Optics/Lasers

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

This Slinky lookalike 'hyperlens' helps us see tiny objects: The photonics advancement could improve early cancer detection, nanoelectronics manufacturing and scientists' ability to observe single molecules May 23rd, 2015

Samtec, Global Provider of Interconnect Systems, Joins IRT Nanoelec Silicon Photonics Program May 21st, 2015

Taking control of light emission: Researchers find a way of tuning light waves by pairing 2 exotic 2-D materials May 20th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project