Investment by Temasek in pivotal semiconductor technology for energy transformation
Nearfield Instruments Secures €135m Series-C Funding
Nearfield Instruments, a Dutch developer specializing in semiconductor manufacturing, has announced the successful closure of a €135m series-C funding round. This significant investment will propel the company's growth and development, particularly in the creation of Metrology and Inspection products.
The funding round was led by Temasek, a Singaporean government-owned investment corporation, and Walden Catalyst, a US venture capital firm. M&G Investments also acted as a co-investor in this round.
Dr. Hamed Sadeghian, co-founder and CEO of Nearfield Instruments, expressed his excitement about the investment, stating that the funds will be used to increase production capacity, expand the product portfolio, and strengthen Nearfield's position in the semiconductor industry.
One of the products to be developed is the QUADRA 3D metrology system, which is expected to contribute significantly to Nearfield's product offerings.
Young Sohn, founding managing partner at Walden Catalyst, emphasized the importance of advanced semiconductors for global innovation and growth. He believes that the next generation of semiconductors will be driven by advanced lithography and 3D integration, with smaller features, deeper trenches, and tighter tolerances.
It's worth noting that semiconductors play a crucial role in the development of green technologies, specifically for converting, transferring, and storing renewable energy as electricity. This makes Nearfield's work all the more significant in the quest for a sustainable future.
Innovation Industries, Invest-NL, and ING are investors who have previously committed to Nearfield Instruments. However, the exact name of the next co-investor in the series-C financing round is not explicitly stated in the provided search results. The only investors mentioned for Nearfield Instruments relate to earlier (Pre-)Seed rounds, such as Project A, Capnamic Ventures, and Cambium Capital.
The funding round was closed on 18 July, marking a new chapter in Nearfield Instruments' journey in the semiconductor industry. As the company continues to grow and innovate, it is poised to make a significant impact on the global semiconductor market and contribute to the development of green technologies.
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