Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Picosun receives a significant capital investment

Abstract:
Finnish, leading Atomic Layer Deposition (ALD) equipment manufacturer Picosun Oy receives a 5.4 million euro capital investment from Finnish investors. The investor group consists of long-term entrepreneurs and capital investors Mr. Hannu Turunen and Mr. Ilkka Hiidenheimo, who have e.g. founded the successful network security company Stonesoft Oyj. The 130 years old family company R.Ruth Oy, based in Jyväskylä, Finland, is also a part of the investor group.

Picosun receives a significant capital investment

Espoo, Finland | Posted on September 21st, 2013

"Picosun's business is based on decades of Finnish nanotechnology research and development. The company has been able to develop ALD equipment with unrivaled quality. At first for research purposes, but today satisfied customers around the globe are using Picosun's ALD technology in production purposes on a vast range of application areas. Picosun's ability to serve the most demanding customers in the world in this most interesting, rapidly growing market enables a huge, profitable growth, which fascinates me as an investor and an entrepreneur," summarizes Mr. Hannu Turunen. The Chairman of the Board of R.Ruth Oy, Professor Jorma Routti, who is also a long-term member of Picosun Board, continues: "It is very pleasant to invest on Picosun. Picosun is a prime example of a technology company, which has not only a business plan, but also a business."

The Chairman of the Board of both Picosun and its parent company, Stephen Industries Inc. Oy, Mr. Kustaa Poutiainen, is pleased of the faster growth enabled by the investment: "I am especially happy to get successful and experienced minds into the Picosun team. They are needed in order to achieve Picosun's ambitious goals."

The ALD technique was invented and patented by Picosun Board Member and shareholder Dr. Tuomo Suntola from Finland. Picosun's ALD technology enables industries' novel, groundbreaking future solutions. Picosun's global headquarters are located in Espoo, Finland, its manufacturing facilities in Kirkkonummi, Finland, its subsidiaries in USA and Singapore, and the company has worldwide sales and support network.

####

For more information, please click here

Contacts:
Mr. Kustaa Poutiainen
CEO
Phone: +358400424506
Fax: +35892976116

Copyright © Picosun Oy

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

Diamonds and quantum information processing on the nano scale August 31st, 2016

Device to control 'color' of electrons in graphene provides path to future electronics August 31st, 2016

Graphene key to growing 2-dimensional semiconductor with extraordinary properties August 30th, 2016

University of Akron researchers find thin layers of water can become ice-like at room temperature: Results could lead to an assortment of anti-friction solutions August 30th, 2016

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

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

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

Investments/IPO's/Splits

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

Announcements

Diamonds and quantum information processing on the nano scale August 31st, 2016

Device to control 'color' of electrons in graphene provides path to future electronics August 31st, 2016

Graphene key to growing 2-dimensional semiconductor with extraordinary properties August 30th, 2016

University of Akron researchers find thin layers of water can become ice-like at room temperature: Results could lead to an assortment of anti-friction solutions August 30th, 2016

Tools

Diamonds and quantum information processing on the nano scale August 31st, 2016

Designing ultrasound tools with Lego-like proteins August 29th, 2016

Nanofiber scaffolds demonstrate new features in the behavior of stem and cancer cells August 25th, 2016

50 years after the release of the film 'Fantastic Voyage,' science upstages fiction: Science upstages fiction with nanorobotic agents designed to travel in the human body to treat cancer August 25th, 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