HTGF backs Multiphoton Optics
High-Tech Gründerfonds (HTGF) and Fraunhofer Venture have invested in 3D lithography company Multiphoton Optics (MPO).
HTGF is the lead investor in the round, with commitments from Fraunhofer Venture and private investor Boris Neubert. An initial seed funding round was completed in October this year.
MPO was incubated at the Fraunhofer Institute, research and development centres located across Europe. Fraunhofer Venture was established in 1999 to support the scientific research taking place there.
HTGF usually invests an initial amount of €500,000, with a further €1.5m available for follow-on funding rounds.
Company
MPO is a spinout from the Fraunhofer Institute for Silicate Research ISC in Würzburg. It develops 3D lithography equipment for the manufacture of optical packages. It automates opto-electronic assembly, requiring high precision processes, and allows interconnectivity between optical components.
The first experiments on the technology were conducted in 2001, while the initial idea for a spinout came in 2008. MPO itself was established in 2013.
People
Ruth Houbertz is founder and CEO of MPO. Guillem Segue is investment manager at HTGF. Maximilian Frank and Yannick Wilden are investment managers at Fraunhofer.
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