Closes $4
million CLA financing in preparation for Series B
Round
ZURICH, July 9, 2024
/PRNewswire/ -- Scrona AG, a startup specializing in additive
microfabrication and holder of the world record for the smallest
printed color picture, unveiled today the next generation of its
revolutionary multi-nozzle printhead. Designed for mass
manufacturing, this innovation aims to accelerate product
development in a cost-effective and environmentally friendly way.
The new, expandable GEN3 printhead platform boasts Scrona's
proprietary electrostatic MEMS architecture and launches with a
digital 8-nozzle version. A 128-nozzle version is scheduled later
this year.
Scrona also announced the closing of its $4 million CLA financing, led by
EquityPitcher Ventures, a leading Venture Capital firm based in
Zurich as well as our renowned
existing investors. The new capital will allow Scrona to accelerate
the industrialization and commercialization of its novel printing
technology and support the preparation for Scrona's upcoming Series
B financing round.
"Scrona is enabling customers to digitally print the impossible
- on any material, at scale, improving the speed, accuracy and cost
of manufacturing today and tomorrow's innovative products," said
Dr. Patrick Heissler, newly named
CEO of Scrona. "We are very excited about the performance and
potential of the GEN3 printhead platform, which will ship to first
customers already this month. We are honored to be supported by
this syndicate of expert investors who understand the disruptive
potential of Scrona's scalable printing technology, which has the
ability to reduce manufacturing steps 10-fold, while also
significantly reducing material, energy and water usage."
Scrona's proprietary technology is based on the electrostatic
ejection principle which provides very fine, submicron-scale
printing and jetting, while allowing the adoption of various ink
materials—such as metals, dielectrics, organic, and
biomaterials. Scrona's MEMS based printheads allow for high nozzle
density and customization to accommodate application requirements
across many industry verticals. The GEN3 printhead platform will
soon scale to triple-digit nozzle counts while maintaining the same
overall dimensions.
"We are very excited to join the strong investor line-up of
Scrona to support their mission of expanding the boundaries of
current 3D printing technologies to gate new product inventions for
microelectronic products that can be manufactured economically and
eco-friendly," said Hermann Koch,
founding partner at EquityPitcher Ventures.
About Scrona AG:
Scrona is a spin-off from
ETH Zurich, one of
the top 10 global research universities. Scrona has developed the
industry's first multi-nozzle 3D printing platform that can
digitally print the impossible with sub-micrometer precision, on
any material and at scale, improving and speeding manufacturing for
today and tomorrow's products. Scrona's patented electrostatic
printing technology has the potential to transform manufacturing of
semiconductor, display and many other products with its ability to
reduce production steps 10-fold, while also significantly reducing
materials, energy and water usage. Learn more
at www.Scrona.com
Contact:
Walter Braun,
COO; walter.braun@scrona.com
Kelly Karr, Tanis
Communications, kelly.karr@taniscommunications.com
About EquityPitcher Ventures:
EquityPitcher Ventures
is a leading Swiss Venture Capital firm founded in 2016. They
invest industry-agnostically in early-growth startups from the DACH
Region. Through the close cooperation with renowned industry
experts, co-investors and exit partners, EquityPitcher paves the
way for entrepreneurs to attain the three decisive success factors:
capital, know-how and network.
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SOURCE Scrona AG