
HTGF sells Nanda Technologies
High-Tech Gründerfonds has sold Nanda Technologies to US-based industrial company Nanometrics for an enterprise value of approximately $23m.
The integration of Nanda into Nanometrics opens up synergies for both companies, such as the implementation of Nanda's SPARK-system which will become the centre of excellence in Nanometrics' for inspection technology.
Seed investment for Nanda was provided in November 2006 by HTGF supporting the development of company's technology. Two years later, a consortium of BrainsToVentures, Ventegis Capital and Bayern Kapital, led by Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft invested €5m in the business.
Nanda received its last early-stage funding in April 2010 from Capital-E and KfW, investing $4m alongside the existing investors from the previous round.
Company
Nanda Technologies is a designer, distributer and manufacturer of automated wafer inspection systems for the semiconductor fabrication process. The company has developed a high-throughput, high-sensitivity defect full wafer inspection technology.
Unterschleissheim-based Nanda was founded in 2006 and currently employs 27 people.
People
Andreas Olmes is senior investment manager at High-Tech Gründerfonds.
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