AGIC Capital announced that an investment fund under its management has entered into a set of transaction documents in respect of an undisclosed amount into Eulitha AG, a specialized tech provider of non-contact Nano-UV-Lithography equipment and services.
What were the executives’ thoughts on the investment?
Dr. Harun Solak, Chief Executive Officer and Co-founder of Eulitha, said: “We are delighted to have AGIC Capital on board on our journey to become a global leader in offering lithography solutions to the growing photonics industries. With this investment Eulitha will be significantly expanding its resources, both financially and in terms of its market reach, to further develop and market its unique photolithography equipment and associated technologies.”
AGIC Capital was attracted to Eulitha’s strong positioning as a unique and innovative technology provider in fast-growing markets including AR/VR (Augmented and Virtual Reality) industries and its promising commercialization pipeline backed by strong R&D abilities.
Heiko von Dewitz, Partner of AGIC Capital in Europe, said: “AGIC Capital believes Eulitha is well poised to gain from the underlying market trends favoring its proprietary equipment and process tech solutions. We are pleased to have made this investment and will work with the Eulitha team to scale up the business and accelerate its growth across various industries.”
What is Eulitha AG’s market offering?
Founded in 2006 in Switzerland, Eulitha offers a cost-efficient non-contact, high-resolution photolithography systems and customized patterning services for a wide range of use, like DFB/DBR Lasers, AR/VR, Telecommunications, Optical Components and Bio Sensors/Chips.
Eulitha’s proprietary PHABLE™ technology is considered to be a preferable option to the traditional nanoimprint technology due to significantly lower costs, higher throughput, better consistency, longer mask lifetime and compatibility with non-flat substrates.
AGIC Capital will work closely with the management team to support Eulitha’s international development in particularly the Asia Pacific region and leverage resources with large industrial players to help the organisation subsequently increase market sales and customers.
