Nano equipment manufacturer secures new funding

Investment

Danish venture capital investor Via Venture Partners, Finnish Inventure Oy and earlier investors have put €3 million into nanotechnology equipment supplier Beneq OY, of Vantaa, Finland.

Beneq’s main products include equipment and technology for Hot Aerosol Layering (HAL) and Atomic Layer Deposition (ALD). The former is a flame spray technology, used mainly for applying functional coatings on glass and ceramic tiles as well as for nanoparticle synthesis. ALD technology is a thin film coating method developed in Finland and widely used in the semiconductor industry. ALD systems are used to produce accurate, pinhole-free and conformal thin-film coatings on various substrates.

Beneq recently launched new industrial applications and entered into significant customer contracts. The company says the new investment will allow it to speed up international growth and strengthen its organisation.

“The financing deal with Via Venture Partners enables us to continue the fast development and international growth of Beneq,” says Sampo Ahonen, CEO and one of the founding shareholders of Beneq. 

“We see a strong growth in functional coating and our ambition is to build [Beneq into] a world leading equipment manufacturer, said Peter Thorlund Haahr, of Via Venture Partners and new member of the board of Beneq.