Finnish ALD testing startup raises funds

Finnish ALD testing startup raises funds

Business news |
By Peter Clarke

Chipmetrics Oy (Joensuu, Finland), a startup that is commercializing high aspect ratio silicon structures for semiconductor metrology, has raised €2.4 million in an investment round.

The investment was led by High-Tech Gründerfonds (HTGF) and co-led by Occident from Germany. Other investors were Innovestor, Redstone and Bald Engineering.

The company’s main product is the PillarHall metrology chip for thin film process conformality measurement. The company was founded in 2019 and its Lateral High Aspect Ratio (LHAR) test structures can be used for ALD and CVD thin film characterization.

The money is earmarked for product development efforts, scaling production capabilities, and expanding its market presence, Chipmetrics said.

“This investment is a boost for our growth plans and technological advancements. We are committed to enhancing our product portfolio, refine our measurement solutions, and reinforce our global sales network,” said Mikko Utriainen, the founder and CEO of Chipmetrics, in a statement.

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