Nanotechnology Now

Our NanoNews Digest Sponsors


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

Building a smart cardiac patch: 'Bionic' cardiac patch could one day monitor and respond to cardiac problems June 28th, 2016

New, better way to build circuits for world's first useful quantum computers June 28th, 2016

Yale researchers’ technology turns wasted heat into power June 27th, 2016

FEI Launches Helios G4 DualBeam Series for Materials Science: The Helios G4 DualBeam Series features new capabilities to enable scientists and engineers to answer the most demanding and challenging scientific questions June 27th, 2016

Thin films

Novel capping strategy improves stability of perovskite nanocrystals: Study addresses instability issues with organometal-halide perovskites, a promising class of materials for solar cells, LEDs, and other applications June 13th, 2016

New nanomaterial offers promise in bendable, wearable electronic devices: Electroplated polymer makes transparent, highly conductive, ultrathin film June 13th, 2016

Perovskite solar cells surpass 20 percent efficiency: EPFL researchers are pushing the limits of perovskite solar cell performance by exploring the best way to grow these crystals June 13th, 2016

NRL develops new low-defect method to nitrogen dope graphene resulting in tunable bandstructure June 6th, 2016

Light can 'heal' defects in new solar cell materials: Defects in some new electronic materials can be removed by making ions move under illumination May 24th, 2016

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

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Ultrathin, flat lens resolves chirality and color: Multifunctional lens could replace bulky, expensive machines June 25th, 2016

Particle zoo in a quantum computer: First experimental quantum simulation of particle physics phenomena June 23rd, 2016

Titan shines light on high-temperature superconductor pathway: Simulation demonstrates how superconductivity arises in cuprates' pseudogap phase June 22nd, 2016

Investments/IPO's/Splits

Nanometrics to Participate in the 8th Annual CEO Investor Summit: Investor Event Held Concurrently with SEMICON West 2016 in San Francisco June 22nd, 2016

Artificial synapse rivals biological ones in energy consumption June 21st, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Nanometrics Announces Upcoming Investor Events May 10th, 2016

Announcements

Building a smart cardiac patch: 'Bionic' cardiac patch could one day monitor and respond to cardiac problems June 28th, 2016

New, better way to build circuits for world's first useful quantum computers June 28th, 2016

Yale researchers’ technology turns wasted heat into power June 27th, 2016

FEI Launches Helios G4 DualBeam Series for Materials Science: The Helios G4 DualBeam Series features new capabilities to enable scientists and engineers to answer the most demanding and challenging scientific questions June 27th, 2016

Tools

FEI Launches Helios G4 DualBeam Series for Materials Science: The Helios G4 DualBeam Series features new capabilities to enable scientists and engineers to answer the most demanding and challenging scientific questions June 27th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Ultrathin, flat lens resolves chirality and color: Multifunctional lens could replace bulky, expensive machines June 25th, 2016

Researchers discover new chemical sensing technique: Technique allows sharper detail -- and more information -- with near infrared light June 24th, 2016

Photonics/Optics/Lasers

Superheroes are real: Ultrasensitive nonlinear metamaterials for data transfer June 25th, 2016

Russian physicists create a high-precision 'quantum ruler': Physicists have devised a method for creating a special quantum entangled state June 25th, 2016

Marrying superconductors, lasers, and Bose-Einstein condensates: Chapman University Institute for Quantum Studies (IQS) member Yutaka Shikano, Ph.D., recently had research published in Scientific Reports June 20th, 2016

A new trick for controlling emission direction in microlasers June 20th, 2016

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







Car Brands
Buy website traffic