Attolight closes series D financing round

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14.04.2016

The Lausanne-based hightech company Attolight recently raised its Series D financing round, as reported in the Investiere blog. Investors from the investiere community contributed CHF 1 million, which represented a major portion of the funds raised in this round. This is Investiere’s 4th-time of participation in Attolight’s financing rounds.

Attolight is an EPFL spin-off that builds microscopes to detect defects in semiconductor materials during the production process accurately and in real-time, saving manufacturers valuable time and resources. In addition, Attolight’s proprietary technology is being employed for research purposes in such areas as LED, photovoltaic (solar) cells and semiconductors.

According to Investiere’s blog, the company has the closed series D financing round and this was split into two tranches. Existing Attolight shareholders that hail from the investiere network invested more than CHF 500'000 in the first tranche, which closed in 2015. The 2nd tranche was closed in 2016; investiere investors contributed another CHF 500'000. This financing round was led by the founders of Lemoptix, which was sold to Intel in 2015.

The company has so far closed four financing rounds – all involving the Investiere community. In the previous financing round investiere investors contributed a total amount of up to CHF 600’000. Additionally, these Attolight brought an investor on board who invested a 6-figure sum and also brought with him more than 20 years of experience in the semiconductor industry. He will put his global network at Attolight’s disposal as well as assisting the company in an advisory capacity.

(RAN)

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