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Today: October 5, 2024
April 27, 2024
1 min read

Comptek Solutions raises €8M to fuel growth in custom passivation

TLDR:

  • Comptek Solutions secures €8 million in Series A funding.
  • The funding will drive growth in customized passivation for next-generation applications in optoelectronics and power electronics.

Article Summary:

Comptek Solutions has successfully closed its Series A funding round with an eight-million-euro equity investment. The funding includes a strategic partner in the consumer electronics industry, the Horizon Europe EIC Fund, and LIFTT S.p.A. This funding milestone, along with a grant awarded in 2022 by the EIC Accelerator, signifies confidence in Comptek Solutions’ vision and technological capabilities. The company, founded in 2017, has developed the Kontrox technology, a unique passivation technology with applications in 5G/6G communications, AR/VR, mobility, IoT, and quantum computing.

The Series A funding round will support Comptek Solutions in scaling up its operations, advancing technological innovation, and accelerating industrialization. The company plans to provide turnkey solutions for passivation of edge-emitting lasers using their proprietary technique and equipment. Comptek Solutions aims to expand its technology portfolio to cater to other fields of applications, including power electronics, with the goal of providing efficient passivation solutions to key European manufacturers.

With a projected growth momentum in compound semiconductors market, Comptek Solutions’ Kontrox technology is expected to play a crucial role in enabling more reliable, power-efficient, and affordable devices. The company’s focus on R&D excellence and creating value for customers through innovation showcases its commitment to delivering cutting-edge solutions in the semiconductor industry.

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