Sign In
NewsRadar

SmartKem secures €3 million from investors including BASF

13 August 2014 15:54
By Tornado Staff

SmartKem, a UK provider of organic semiconductor inks to enable printing of thin film transistors, has received a round of funding from BASF Venture Capital, Octopus Investments and Entrepreneurs Fund.

SmartKem’s high-performance organic semiconductor inks are used in printed thin film transistors (TFTs). These drive unbreakable and flexible electronics, such as flexible OLED (Organic Light Emitting Diodes) displays. TFTs have the function to switch pixels on and off. Current display technologies based on inorganic TFT materials (eg silicon or metal oxide systems) are processed on glass at high temperatures. When it comes to true flexibility, conventional TFT systems reach their boundaries. Organic thin film transistors are inherently more flexible. They can be processed on plastic films as they are printable at low temperatures.

Steve Kelly, CEO of SmartKem, stated: “We are happy to join forces in research and development with BASF to progress smart chemistry for the new generation of flexible displays and circuits.”

SmartKem has a pipeline of inks that are under evaluation by various partners in the industry. Its business model is focused on delivering expertise in molecular design, synthesis, application engineering and technology transfer to customers.



Related stories
€8.2 million financing round and new CEO for DelfMEMS
GLO appoints former Philips Lighting exec as chairman
€9.5 million first round for Energy Micro
Virtensys appoints John Nicholson as chairman
RedMere receives €3.8 million follow-on funding


Up
Data


19,103
Tech investments
From our Online Data Service
12,287
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Nov 17€1.0MMedical devices
Nov 17€3.2MeLearning
Nov 17€3.5MWireless applications
Nov 14€0.3MInternet commerce
Nov 14€2.0MAudio/Video
Nov 14N/AInternet commerce
Nov 13N/AInternet commerce

For information on Europe's most extensive database on technology funding click here!

Events


LeWeb'14 Paris
December 9 - 11, 2014


Press Releases


Nov 25
Promethera Biosciences
promethera biosciences raises €25.33 million ($31.4 million) in ser...

Nov 25
Iris Capital
agorize raises €2 million from iris capital and capnamic ventures

Nov 25
Clipperton Finance
finsecur secures a €25m round of financing led by edrip and the 202...

Nov 24
Curetis
curetis closes eur 14.5 million extension of series b financing

Nov 21
High-Tech Gründerfonds Management
new safety-solution for industrial applications: keeper – beeper – ...





About usContact usLegal Information
Copyright © 1999-2014
Emerging Technology Research Europe Inc. All rights reserved.