Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

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

New Topical Hemostatic Agent: Neutral Self-Assembling Peptide Hydrogel September 30th, 2014

Chemical interactions between silver nanoparticles and thiols: A comparison of mercaptohexanol again September 30th, 2014

A Heartbeat Away? Hybrid "Patch" Could Replace Transplants: TAU researcher harnesses gold nanoparticles to engineer novel biocompatible cardiac patch September 30th, 2014

Nanoparticles Used to Improve Quality of Bone Cement September 29th, 2014

Thin films

Southampton scientists grow a new challenger to graphene September 23rd, 2014

Beneq launches nFOG™ wet coating technology September 3rd, 2014

Picosun joins forces with IMEC for novel, industrial ALD applications August 25th, 2014

An Inkjet-Printed Field-Effect Transistor for Label-Free Biosensing August 11th, 2014

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

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 August 12th, 2014

SouthWest NanoTechnologies Inc. Announces $2.7 Million in New Financing to Fund Growth, Plant Expansion and Technical Personnel August 11th, 2014

Govt.-Legislation/Regulation/Funding/Policy

A Heartbeat Away? Hybrid "Patch" Could Replace Transplants: TAU researcher harnesses gold nanoparticles to engineer novel biocompatible cardiac patch September 30th, 2014

How things coil: Researchers discover that simulation technology designed for Hollywood can be used as a predictive tool for understanding fundamental engineering problems September 29th, 2014

UT Arlington researchers develop transparent nanoscintillators for radiation detection for medical safety and homeland security September 29th, 2014

'Pixel' engineered electronics have growth potential: Rice, Oak Ridge, Vanderbilt, Penn scientists lead creation of atom-scale semiconducting composites September 29th, 2014

Investments/IPO's/Splits

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

Aspen Aerogels, Inc. to Present at Barclays CEO Energy-Power Conference August 27th, 2014

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 August 12th, 2014

Announcements

New Topical Hemostatic Agent: Neutral Self-Assembling Peptide Hydrogel September 30th, 2014

Chemical interactions between silver nanoparticles and thiols: A comparison of mercaptohexanol again September 30th, 2014

A Heartbeat Away? Hybrid "Patch" Could Replace Transplants: TAU researcher harnesses gold nanoparticles to engineer novel biocompatible cardiac patch September 30th, 2014

Nanoparticles Used to Improve Quality of Bone Cement September 29th, 2014

Tools

Iranian Scientists Determine Grain Size, Minimize Time of Nanocomposite Synthesis September 29th, 2014

Oxford Instruments launches 3rd annual Indian nanotechnology seminars in Kolkata and Delhi - sharing expertise with Nanotechnology researchers in India September 25th, 2014

Contributing to the spirit of the IYCR 2014 September 24th, 2014

BSA Distinguished Lecture Tuesday, 10/14: 'LCLS: A Stunning New View Through X-ray Laser Eyes' September 23rd, 2014

Photonics/Optics/Lasers

'Pixel' engineered electronics have growth potential: Rice, Oak Ridge, Vanderbilt, Penn scientists lead creation of atom-scale semiconducting composites September 29th, 2014

Southampton scientists grow a new challenger to graphene September 23rd, 2014

Engineers show light can play seesaw at the nanoscale: Discovery is another step toward faster and more energy-efficient optical devices for computation and communication September 22nd, 2014

Twisted graphene chills out: When two sheets of graphene are stacked in a special way, it is possible to cool down the graphene with a laser instead of heating it up, University of Manchester researchers have shown September 22nd, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE