Joensuu-based semiconductor technology startup Chipmetrics Ltd recently closed a successful €2.4 million in a seed round led by High-Tech Gründerfonds (HTGF) and co-led by OCCIDENT, with participation from investors including Innovestor, REDSTONE, and BALD Engineering. The funds will play a pivotal role in advancing the company’s groundbreaking PillarHall® metrology test chip technology, used for measuring conformality in semiconductor and thin film material manufacturing. As a testament to Chipmetrics’ innovation, the investment is expected to accelerate product development, scale up production capabilities, and expand the company’s global market presence. The company, founded in 2019 and headquartered in Joensuu, Finland, specializes in providing metrology solutions for the semiconductor industry, particularly in the realm of Atomic Layer Deposition (ALD) technology.
Chipmetrics Ltd is a Finnish company founded in 2019 and headquartered in Joensuu, Finland. Specializing in cutting-edge Atomic Layer Deposition (ALD) technology, Chipmetrics is a key player in the semiconductor and thin film material manufacturing sector. The company focuses on providing metrology solutions for the semiconductor industry, with its flagship product, the PillarHall® metrology chip, designed for precise measurements of conformality in thin film processes.
Mikko Utriainen, the visionary founder & CEO of Chipmetrics, highlights the investment’s role in driving the company’s innovative pursuits and global market expansion.
“This investment is a boost for our growth plans and technological advancements. We are committed to enhancing our product portfolio, refine our measurement solutions, and reinforce our global sales network ” Utriainen states.
Olaf Joeressen, Senior Investment Manager of HTGF comments:
“The team’s focus on delivering innovative solutions to their customers is impressive, and I look forward to more product and service innovations delivered by Chipmetrics!”
Investment manager Simon Schild von Spannenberg from OCCIDENT continues:
“Chipmetrics has already established a reputable position in thin film process development with its innovative PillarHall® Lateral High Aspect Ratio (LHAR) test chips. Chipmetrics’ products convince with their unique user interface, precision, speed, and cost-efficiency in the complex 3D measurements. Our investment reflects our confidence in the Chipmetrics’ team and the success of the highly innovative technology on the global semiconductor market.”
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Originally published on ArcticStartup : Original article