Comptek Solutions secures € 8 M investment
The series A funding consists of an eight-million-euro equity investment with the participation of the strategic partners Horizon Europe EIC Fund and Liftt, an Italian venture capital firm.
The involvement of this investor group will provide Comptek in areas such as scale-up growth, advancing its technological innovation progress, and accelerating the pace of industrialization and implementation of its technology for next-generation applications in optoelectronics and power electronics.
The company, founded in June 2017 by CTO Jouko Lång and CEO Vicente Calvo Alonso, was spun out of the University of Turku, Finland, where its core technology, Kontrox, was developed by Jouko together with other material scientists and semiconductor engineering researchers who constitute the company’s core R&D team to date.
Pierluigi Freni, project manager of Liftt, commented, “Passivation is an essential factor of advanced optoelectronic chip manufacturing. The solution of Comptek disrupts the value chain by introducing a processing technology that enables unprecedented levels of chip efficiency and helps to reduce production costs.”
According to the company, the innovation by Comptek Solutions with its Kontrox technology will be adding further growth opportunities to the market in enabling more reliable, power-efficient, and affordable devices through its integrated passivation solutions on a global scale.
