ATLANT 3D Nanosystems raises $15M in funding
Ukrainian entrepreneur Maksym Plakhotniuk’s startup ATLANT 3D Nanosystems has raised $15 million in funding from British West HillCapital, an unnamed Japanese corporation, and other investors. It develops the technology that allows the production of materials and electronics at the atomic level, SPEKA.media reports.
What is ATLANT 3D Nanosystems
ATLANT 3D Nanosystems develops a multi-material 3D printer for micro- and nanofabrication. The company was founded in 2018 by Maksym Plakhotnyuk, Ivan Kundrata, and Pr. Julien Bachmann.
The startup’s technology has a unique configuration that allows for atomically precise processing. Overall, this cuts processing cost and time from years or months to days. It also provides unprecedented flexibility for materials innovation, prototyping, and micro- and nano-device manufacturing, replacing previously complex processes.
“The existing intensive production method is a limiting factor in the future development of electronics. Because of its inflexibility, the current multi-step process is at the heart of our current global supply chain crisis, causing electronic chips shortages and creating high barriers to innovation,”Maksym Plakhotnyuk, CEO and Founder of ATLANT 3D, says.
ATLANT 3D Nanosystems has raised $15 million in funding from British West HillCapital, an unnamed Japanese corporation, and other investors. The funding is the largest Series A round in Denmark, excluding investments in biologics and software.
“We see enormous potential in the groundbreaking ATLANT 3D technology. And we were impressed by the company’s grand vision and how ATLANT 3D technology is able to disrupt the traditional approach to micro-manufacturing,”Alan Richards, partner and co-founder of West Hill Capital, says.
The company will use the funding to continue creating a network-oriented advanced manufacturing infrastructure based on proprietary technology, as well as integrating it with other advanced technologies in the future.
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