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HomeFunding Bonn-based Midel Photonics Secures EUR 1M in Seed Funding

[Funding alert] Bonn-based Midel Photonics Secures EUR 1M in Seed Funding

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).

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).

With 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.

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.

Read also – Lyon-based ENYO Pharma Secures a €39 Million in Series C Round Funding

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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