Eldico secures new funding to drive global expansion and enhance commercial operations
Summary
Venture Kick alumnus Eldico , founded in 2019 at Switzerland Innovation Park Innovaare, has become a leader in electron diffraction with its ELDICO ED-1 electron diffractometer. This technology accelerates nano-crystalline material analysis, providing results in hours instead of days. Clients can either buy the ED-1 or use ELDICOs Measurements-as-a-Service (MaaS) model.The ED-1 is particularly valuable to industries like pharmaceuticals and advanced materials, and Eldicos clients include Boehringer Ingelheim and Roche. A key partnership with US-based Triclinic Labs marks its expansion into North America, with further growth planned in India and China.Eldicos recent funding supports global expansion, and the company now employs 12 specialists, including five PhDs. Leadership includes new CEO James Berwick and CTO Rolf Burgmer.