Spacetek Technology announces the successful closing of its Seed Financing Round
Time-of-flight mass spectrometers (TOF-MS) inspired by space technology
Spacetek Technology AG has successfully completed its seed financing round in October 2023. Led by Swisscom Ventures, 5.8 million CHF in funding has been secured from a group of financial investors. The Spectrum Moonshot Fund also joined as a co-investor along with the existing shareholders.
Spacetek Technology, founded by Jürg Jost, together with a dedicated group of like-minded innovators, has been spearheading the utilization of space technology to revolutionize complex industrial processes. The company has designed and built state-of-the-art TOF-MS instruments that are compact and fit for purpose to deliver valuable technology to the field of semiconductor manufacturing. The focus has been on addressing critical yield issues by significantly improving real-time analysis of process gases and thus enabling lower scrap rates. This focus has already earned Spacetek the trust of several commercial partners in Germany, Israel, Korea, and Japan, with a rapidly expanding network across Asia, Europe, and the US.
“The trust of our investors has validated our commitment to pushing the boundaries of process technology in the semiconductor industry,” said Jürg Jost, CEO Spacetek Technology AG. “This financing round will enable us to continue our mission extended to our clients, to enhance manufacturing processes, reduce waste, and improve overall performance.”
Christian Studer, Chairman of the Board of Directors, remarked, “We are proud of Spacetek’s evolution, and this successful financing round is proof of our team’s dedication to pioneering innovation in the industrial process analysis sector. We are excited to support the company’s vision and trust that we will achieve even greater milestones together.”
Pär Lange, lead investor from Swisscom Ventures, commented, “Spacetek’s technology and performance are impressive. The strong positive feedback we have received from the industry, underlines our belief that the company is in a uniquely good position to develop into a valuable player in its field. This financing round will give the company the ability to further drive innovation and respond to customer demands.”
Other news from the department business & finance
These products might interest you
isoprime precisION by Elementar Analysensysteme
isoprime precisION stable isotope ratio mass spectrometer
The most flexible, yet powerful isotope ratio mass spectrometer ever created
HPR-20 OEMS, Online Electrochemical Mass Spectrometer by Hiden Analytical
Online monitoring and quantification of evolved gases and vapours from electrochemical processes
A complete gas analysis solution, designed to integrate seamlessly with electrochemical applications
IonTamer ToF MS by Spacetek Technology
IonTamer instruments are time-of-flight residual gas analysers (TOF-RGA) for the analysis of gases
Compact Time-of-flight residual gas analyzer (TOF-RGA) for process analysis
PlasmaQuant MS Elite by Analytik Jena
LC-ICP-MS Is the Key to the World of Elemental Species
Highest Sensitivity and Lowest Detection Limits with PlasmaQuant MS Series and PQ LC
BIOS ANALYTIQUE - Soluciones de Renting y Leasing para laboratorios by Bios Analytique
Specialists in the rental and leasing of scientific equipment for laboratories throughout Europe
Whether you have an unexpected requirement or limited budget, we have the perfect solution for you
NexION® 5000 by PerkinElmer
NexION 5000 Multi-Quadrupole ICP Mass Spectrometer
NexION 5000 Multi-Quadrupole ICP Mass Spectrometer
HPR-20 R&D by Hiden Analytical
A specialist benchtop triple filter mass spectrometer for the monitoring of evolved gases & vapours
Providing improved resolution & abundance sensitivity with an ultimate detection limit of 5 ppb sub
CATLAB Catalysis and Thermal Analysis by Hiden Analytical
A system for catalyst characterisation, kinetic and thermodynamic measurements
Integrated Microreactor-Mass Spectrometer for Reaction Testing, TPD/R/O and Pulse Chemisorption.
Xevo TQ Absolute by Waters
A new Tandem Quadrupole Mass Spectrometer for Quantification with Absolute power
Absolute performance, efficiency, productivity, and confidence for your most challenging compounds
iCAP RQ single Quadrupole ICP-MS by Thermo Fisher Scientific
Robust ICP-MS with ease of use and high productivity for routine analysis
A complete multi-element analysis solution for your high-throughput routine laboratory
iCAP TQ Triple Quadrupole ICP-MS by Thermo Fisher Scientific
Overcome unexpected interferences, reduce detection limits and improve data quality
Ultralow limits of detection with simplicity - even for the most challenging analytical applications
expression® Compact Mass Spectrometer by Advion Interchim Scientific
Mass Spectrometry for Chemists: Fast, Easy, Prep-Free Reaction Monitoring at the Bench
Featuring a variety of sample introduction techniques that also allow TLC/MS & direct probe analysis
JEOL JMS-T2000GC AccuTOF GC-Alpha Time-of-Flight Mass Spectrometer by JEOL
A new era of mass spectrometry for your fast forward daily lab routine:
Welcome JEOL AccuTOF GC-Alpha
Stop wrong hypotheses and uneconomic loops! Precise data without compromise is now.
Orbitrap Exploris GC Mass Spectrometer by Thermo Fisher Scientific
Orbitrap Exploris GC-MS simplifies operations and offers new opportunities for analytical testing
Keep pace with changing demands, maximize system uptime, and expand laboratory capability.
Thermo Scientific TSQ Triple Quadrupole Mass Spectrometry Systems by Thermo Fisher Scientific
Confident quantitation with triple quadrupole LC-MS systems
Mass Spectrometry Systems
TSQ 9610 GC-MS/MS by Thermo Fisher Scientific
TSQ 9610 GC-MS/MS for superb sensitivity and selectivity with outstanding reliable productivity
Eliminate unnecessary, unplanned instrument downtime, save helium and maximize productivity
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
Most read news
More news from our other portals
Something is happening in the chemical industry ...
This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.
See the theme worlds for related content
Topic World Spectroscopy
Investigation with spectroscopy gives us unique insights into the composition and structure of materials. From UV-Vis spectroscopy to infrared and Raman spectroscopy to fluorescence and atomic absorption spectroscopy, spectroscopy offers us a wide range of analytical techniques to precisely characterize substances. Immerse yourself in the fascinating world of spectroscopy!
Topic World Spectroscopy
Investigation with spectroscopy gives us unique insights into the composition and structure of materials. From UV-Vis spectroscopy to infrared and Raman spectroscopy to fluorescence and atomic absorption spectroscopy, spectroscopy offers us a wide range of analytical techniques to precisely characterize substances. Immerse yourself in the fascinating world of spectroscopy!
