News Article
Nanotronics Imaging secures $7 million in funding
The developer of optical inspection tools for the semiconductor industry is being backed by Founders Fund and taken on Peter Thiel in its Board of Directors
Nanotronics Imaging has completed a $7 million Series B financing round from Founders Fund.
Founders Fund is a San Francisco-based technology investment firm that has backed companies including Palantir, SpaceX, Facebook, ZocDoc and The Climate Corporation.
“We at Nanotronics are thrilled to be partnering with this highly regarded and successful venture firm that shares our vision for transformative technology,” says Nanotronics Imaging Founder and CEO Matthew Putman.
“Our company’s customer base is rapidly growing, and this investment will ensure that we will be able to continue to provide and scale best-in-class products and services to the semiconductor industry, as well as to expand our offerings into new domains such as biomedical diagnostics.”
Nanotronics Imaging combines optical microscopy with patented image processing and machine intelligence algorithms to produce inspection tools used in a wide variety of manufacturing environments.
The firm's technology allows for the imaging of a very large area of a specimen with nanoscale resolution.
Nanotronics Imaging's nSpec tool couples a computer-controlled microscope and stage with fast image processing techniques to enable high-throughput defect classification and localisation for semiconductor substrate and IC chip fabricators.
Founders Fund Partner Peter Thiel, who will be joining the Nanotronics Board of Directors, says "Four centuries ago, Galileo’s mastery of optics revolutionised our understanding of the universe. Today, Nanotronics has brought us to the cusp of a new revolution on the other end of the scale, as more industrial processes take advantage of nanoscale structures. Nanotronics’ fundamental advances in optics will dramatically enhance the production lines of many of the most critical industries of the future."
