VSParticle funding news – Delft-based VSParticle Secures €6.5 Million in A2 Extension Round Funding

VSP’s revolutionary technology enables materials to be broken down to the size of nanoparticles and produced at the push of a button, allowing university researchers and commercial R&D teams to experiment to create new materials that will power next-generation products.

It can take up to 10 years to discover new materials in a lab and a further five to bring them to mass production, but VSP’s technology is supporting teams to reduce the overall time of material discovery down to only one year.

Aaike van Vugt, co-founder and CEO of VSParticle said, “Our technology is empowering university researchers and commercial R&D teams across the world to create new materials that will transform the production of green hydrogen and reduce emissions in carbon-intensive industries. We’re excited about the role VSParticle will play in tackling the climate crisis and we’re delighted to have the backing of NordicNinja and renewed support from Plural as part of this extension funding that will help us to reach more research teams across the world, including in Japan, to pave a new way for material discovery.”

VSParticle has shipped its flagship product, the VSP-P1 Nanoprinter, to teams across Asia, the Middle East, Europe, and North America including the Sorbonne University Abu Dhabi, the San Francisco-based Lawrence Livermore National Laboratory, the Materials Discovery Research Institute (MDRI) in Chicago area, and the Dutch Institute for Fundamental Energy Research over the past year, who are using it to accelerate material development for innovative industrial solutions.

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In particular, VSP’s technology is enabling the mass production of catalyst-coated Porous Transport Layers (PTLs), which are the key components in electrolyzers and are essential to the production of green hydrogen. Green hydrogen is essential to reduce dependence on fossil fuels and power a more sustainable future for industries such as shipping, transport, heating, and aviation, yet the process currently relies on using scarce resources including platinum and iridium.

Süleyman Er, Department Head and Group Leader at DIFFER said, “The collaboration with VSParticle aligns perfectly with DIFFER’s strategy to extend its national role in building the infrastructure ‘materials4energy’. With VSP-P1 Nanoprinter, we aim to accelerate material development for energy applications and reinforce the Netherlands' leadership in sustainable energy research."

Rainer Sternfeld, Partner at NordicNinja said, “VSParticle’s technology is transforming material innovation and, combined with AI, this will be the basis of world-changing discovery and synthesis over the next decades. We’re delighted to be supporting the impressive VSP team in this extension round, particularly with their Japanese expansion plans to capitalize on the drive to scale the development of green hydrogen. We can’t wait to see what they achieve next.”

About VSParticle

VSParticle was founded in Delft, the Netherlands in 2014 to accelerate material development to power next-generation products and unlock innovation at scale. Its technology connects and accelerates all three steps of the material innovation process - bridging trial and error in the lab, production process optimization and scaling towards mass production.

University researchers, commercial R&D teams and soon, industrial production plants, across Europe, China, India and the US rely on VSP’s technology to develop next-generation gas sensors and catalyst-coated membranes (CCMs) for green hydrogen.