VSParticle
Assembly Line
VSParticle raises €6.5 million for next-generation material discovery printers
VSParticle (VSP), a leading supplier of nanoparticle synthesis and deposition tools, has raised a €6.5 million A2 extension round led by NordicNinja and previous investor Plural to continue its mission to unlock a century of material innovation in the next 10 years.
VSP’s technology enables materials to be broken down to the size of nanoparticles and produced at the push of a button, allowing university researchers and commercial R&D teams to experiment to create new materials that will power next-generation products. It can take up to 10 years to discover new materials in a lab and a further five to bring them to mass production, but VSP’s technology is supporting teams to reduce the overall time of material discovery down to only one year.
The new funding, which also included participation from previous investor Hermann Hauser Investment, brings the total raised by VSParticle to €24.5 million. The fresh capital will be used to further the development of the startup’s technology so its next-generation printers have up to 100 times higher output and will also support the company in expanding to Japan and doubling down in the US and Europe.
Dutch-based VSParticle secures €14.5M to advance nanotechnology for meaningful purposes
Delft-based VSParticle (VSP), a company that supplies nanoparticle printing tools, announced on Tuesday that it has secured €14.5M in funding to accelerate material development and unlock innovation at scale. According to the Dutch company, the funds will be utilised to expand its operations and commercial teams, and scale up the manufacturing of VSP’s products and services.
The round was led by Plural, an investment platform set up for the unemployables. Plural’s aim is to use technology to boost European GDP growth. It also collaborates with bold founders from everywhere who are addressing the global opportunity gap or systemic dangers. The round also saw participation from BlueYard Capital and a €3.5M grant from NXTGEN HIGHTECH, bringing the total raised by VSP to €17M.