Innovation Industries invests in Holst Centre/TNO spin-off SALDtech
Summary
SALDtech offers an enabling solution for the production of next generation high performance and flexible electronic displays.SALDtech announced today that it has closed an investment round with Innovation Industries, a leading high-tech VC fund. Holst Centre/TNO has invested over 10 years developing and perfecting a new technology solution to produce ultra-thin layers over large areas with world class performance in terms of uniformity and quality: Spatial Atomic Layer Deposition.SALDtech, a spin-off of Holst Centre/TNO, targets the integration of this technology into the production lines of manufacturers of displays for mobile phones, tablets, TVs and more. The company was founded in 2018 to further develop, build and sell commercial Spatial Atomic Layer Deposition (SALD) systems into the flat panel display industry. Our partnerships with all Dutch technical universities (Eindhoven, Twente, Delft and Wageningen) and applied research institutes (TNO) provide us with unparalleled access to knowledge and technologies. For further information about the portfolio companies please visit our portfolio.The Innovation Industries Fund is supported by private and institutional investors such as PME and InnovFin Equity.