AGIC Capital completes investment in Eulitha AG

AGIC Capital completes investment in Eulitha AG-01

Eurasian Private Equity Company AGIC Capital today announces that an investment fund under its management has entered into a series of transaction documents related to an undisclosed sum in Eulitha AG, a specialist technology provider of contactless nano-UV lithography equipment and services.

Founded in Switzerland in 2006, Eulitha offers unique and cost-effective, high-resolution, non-contact photolithography systems and custom patterning services for a wide variety of applications, including DFB/DBR lasers, AR/VR, telecommunications, optical components and biosensors/chips. Eulitha’s patented PHABLE™ technology is considered a preferred option over traditional nano-imprint technology due to lower cost, higher throughput, better consistency, longer mask life and compatibility with non-flat substrates.

AGIC Capital was attracted to Eulitha’s strong positioning as a unique and innovative technology provider in high-growth markets, including AR/VR (Augmented and Virtual Reality) industries and its promising commercialization pipeline supported by strong R&D capabilities. AGIC Capital will work closely with the management team to support Eulitha’s international development especially in the Asia-Pacific region and leverage resources with major industry players to help the company increase sales and customer base.

Also read: Four key strategies for successful remote asynchronous working

Heiko von Dewitz, AGIC Capital’s Partner in Europe, said: “AGIC Capital believes that Eulitha is well placed to benefit substantially from the underlying market trends favoring its own equipment and process technology solutions. We are very pleased to have made this investment and will be working with Eulitha’s management team to scale the business and accelerate growth across industries.”

dr. Harun Solak, CEO and co-founder of Eulitha, said: “We are delighted to have AGIC Capital on board on our journey to become a global leader in providing lithography solutions to the growing photonics industry. With this investment, Eulitha will significantly expand its resources, both financially and in terms of market reach, to further develop and commercialize its unique photolithography equipment and associated technologies.”

View the new Enterprisetalk podcast. Follow us on Google News for more such updates Enterprisetalk news.

Leave a Comment

Your email address will not be published.