Morphotonics score €10M Series B for nanoimprint tech
Summary
The funding will enable Morphotonics to scale its operations and supply chain, expanding its global customer base with a focus on Asia. The additional funds will also accelerate the adoption of large-area nanoimprinting as an industry standard in display production through new innovations.As digital interactions become an essential part of everyday life, the demand for superior visual experiences is growing rapidly. As the leading global provider of large-area nanoimprint technology, Morphotonics is at the forefront of this transformation with its groundbreaking large-area Roll-to-Plate (R2P) nanoimprint technology and equipment solutions including the ability to add trillions of lenses in an area greater than one square metre.We are at the brink of major growth for applications like glasses-free 3D displays and Smart AR Glasses. With this new funding, we will strengthen our market and technical leadership and expand our impact on the consumer electronics and display markets, said Jan Matthijs ter Meulen, Co-Founder & CEO of Morphotonics.3M is excited about our investment in Morphotonics and the potential collaboration opportunity between our companies, said Mark Copman, senior vice president, 3M New Growth Ventures. The company works at the forefront of nanoimprint lithography and this investment not only fuels their existing work but also marks a significant step forward in supporting the widespread adoption of next generation displays.Senior Investment Manager Jurgen van Eck at BOM added, To BOM this investment adds to the excellent machine building and manufacturing expertise of this region and through this supports our mission to expand on that core competence of North-Brabant and the Netherlands.Morphotonics proprietary equipment, processes, and materials enable the creation of next-generation products, including high-performance mobile screens, intuitive 3D displays, outdoor-readable smartphones, and immersive Smart AR Glasses.