Picosun Oy has raised US$13.5 million in the course of a fundraising
Picosun Oy has completed a US$13.5 million fundraising.
Picosun is a global leader in advanced atomic layer deposition (ALD) thin film coating technology. The company's highly advanced technology and unmatched expertise in the field of ALD have achieved global recognition. Picosun's ALD equipment portfolio ranges from fully automated, semi-compliant batch and cluster systems for high volume manufacturing to smaller scale R&D and pre-pilot production tools. Picosun had a revenue of over US$29 million in FY2018 with a CAGR of 34% in FY2015–2018.
Picosun's ALD coating technology is used for protection of components such as sensors, optoelectronics, displays, jewelry, coins, and medical devices. ALD technology enables the creation of precise films with a thickness of less than a nanometer, which is a prerequisite for the functionality of modern electronics. New applications for ALD are constantly found in e.g. medical technology.
Picosun received an investment from some of the leading Finnish investors CapMan Growth fund, Finnish Industry Investment Oy, and Risto Siilasmaa’s First Fellow Partners. In addition, existing investor shareholders made an add-on investments in the company. The investment provides significant opportunity for Picosun to further accelerate its profitable and organic growth globally.
Oaklins' team in Finland acted as the exclusive financial advisor in the fundraising round.
Talk to the deal team
Related deals
Sunlight Group has acquired a 51% stake in Lehmann Marine GmbH
Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight Group continues to strengthen its position in the growing energy solutions market, while expanding its portfolio of innovative technologies. With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology.
Learn moreT BAILEY has been acquired by Saothair Capital Partners
Saothair Capital Partners has completed the acquisition of T BAILEY. This transaction will provide T BAILEY with the resources needed to continue delivering exceptional service to its customers and strengthen its position in the marketplace.
Learn moreMark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate’s expertise in standardized, scalable solutions is enhanced by Heber’s emphasis on customer-specific customization.
Learn more