[Funding alert] Bonn-based Midel Photonics Secures EUR 1M in Seed Funding
Jan 9, 2024 | By Startup Rise EU
Bonn-based Midel Photonics secures EUR 1M in seed funding. Supporters included Dr. Markus Dilger and industry veterans Thomas Merk as well as High-Tech Gründerfonds (HTGF).
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Follow usWith the money, the company hopes to strengthen its position in the market and broaden the range of applications for its technology.
Read also - UK-based Technology Company Travelport Secures $570m in New Equity Funding
David Dung, Frederik Wolf, Christian Wahl, and Christopher Grossert co-founded Midel Photonics in 2022. The company has created cutting-edge technology that manipulates laser beams to improve the effectiveness of current processes and open the door to new ones.
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About Midel Photonics
Midel Photonics, Seeking to achieve e-mobility, more vivid displays, or increasingly intelligent solutions through semiconductors the contemporary information society has significant obstacles that can only be surmounted by progressive innovation.
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The development of novel laser-based machining processes requires a fast, flexible, high-quality solution in order to be nimble and efficient.
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