VSParticle, a Delft, The Netherlands-based supplier of nanoparticle printing tools, raised €14.5m in funding.
The round was led by Plural, with participation from BlueYard Capital and a €3.5m grant from NXTGEN HIGHTECH.
The funding will be used to scale up the production of the company’s tools and services and grow the operations and commercial teams.
Founded in 2014 by CEO Aaike van der Vugt, CTO Tobias Pfeiffer, and COO Tobias Coppejans, VSP accelerates material development to power next-generation products. Its technology enables materials to be broken down to the size of nanoparticles and produced, allowing university researchers and commercial R&D teams across the world to experiment to create new materials that form the basis of new products.
The company’s technology is applicable to many industries starting with accelerating and simplifying the production of Catalyst Coated Membranes, crucial for sustainable hydrogen innovations, and next-generation gas sensors.
To launch its first production tools, VSP has already built relationships in the CCM and the precious metal markets, including Germany-based Heraeus Precious Metals.
VSP was born out of decades of research by materials scientists working in the research facilities at TU Delft.
FinSMEs
05/04/2023