VSParticle (VSP), a number one provider of nanoparticle synthesis and deposition instruments, has raised a €6.5 million A2 extension spherical led by NordicNinja and former investor Plural to proceed its mission to unlock a century of fabric innovation within the subsequent 10 years.
VSP’s know-how allows supplies to be damaged all the way down to the dimensions of nanoparticles and produced on the push of a button, permitting college researchers and business R&D groups to experiment to create new supplies that can energy next-generation merchandise. It could actually take as much as 10 years to find new supplies in a lab and an additional 5 to convey them to mass manufacturing, however VSP’s know-how is supporting groups to scale back the general time of fabric discovery all the way down to just one yr.
The brand new funding, which additionally included participation from earlier investor Hermann Hauser Funding, brings the whole raised by VSParticle to €24.5 million. The recent capital can be used to additional the event of the startup’s know-how so its next-generation printers have as much as 100 instances greater output and also will assist the corporate in increasing to Japan and doubling down within the US and Europe.
Aaike van Vugt, co-founder and CEO of VSParticle, stated: “Our know-how is empowering college researchers and business R&D groups internationally to create new supplies that can rework the manufacturing of inexperienced hydrogen and scale back emissions in carbon-intensive industries.”
VSParticle has shipped its flagship product, the VSP-P1 Nanoprinter, to groups throughout Asia, the Center East, Europe, and North America together with the Sorbonne College Abu Dhabi, the San Francisco-based Lawrence Livermore Nationwide Laboratory, the Supplies Discovery Analysis Institute (MDRI) within the Chicago space, and the Dutch Institute for Basic Vitality Analysis over the previous yr, who’re utilizing it to speed up materials improvement for revolutionary industrial options.
Specifically, VSP’s know-how is enabling the mass manufacturing of catalyst-coated Porous Transport Layers (PTLs), that are the important thing parts in electrolyzers and are important to the manufacturing of inexperienced hydrogen. Inexperienced hydrogen is crucial to scale back dependence on fossil fuels and energy a extra sustainable future for industries resembling delivery, transport, heating, and aviation, but the method at present depends on utilizing scarce assets together with platinum and iridium.
Clients are utilizing VSP printers to develop new materials mixtures for PTLs, with a predicted 10x financial savings in scarce metals, resembling iridium, and introduce new merchandise quicker and cheaper. By 2027, the primary parts which were developed utilizing VSP’s know-how must be available in the market, creating the top product that can assist inexperienced hydrogen manufacturing.
Rainer Sternfeld, Associate at NordicNinja, commented: “VSParticle’s know-how is remodeling materials innovation and, mixed with AI, this would be the foundation of world-changing discovery and synthesis over the subsequent a long time.”
Sten Tamkivi, companion at Plural, added: “Materials discovery has at all times been extraordinarily vital in science however over the previous 12 months, the world has woken as much as the necessity to pace up innovation so we will discover the options to international challenges, together with decarbonizing society. VSParticle is the one firm that’s driving discovery on the important early ranges so groups can scale experimentation and improvement of next-generation supplies.”