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
Bitcoin tech company KnCMiner gets $15 million in Series B round
€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


Up
Data


19,981
Tech investments
From our Online Data Service
12,882
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
May 15€1.7MInternet services
May 15€1.0MInternet services
May 14€8.0MBusiness applications
May 13€8.8MOther Biotechnology & Healthcare
May 13€0.2MSatellites
May 12N/AInternet commerce
May 12N/AInternet commerce

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

Events


EVCA CFO Forum
June 2 - 3, 2015

BIO-Europe 2015
November 2 - 4, 2015

CONNECTIONS Europe
November 10 - 11, 2015


Press Releases


May 20
Kobojo
independent game developer kobojo closes $7m round series b funding...

May 20
T-Venture Holding GmbH
t-venture successfully exits lantiq

May 20
Merus B.V.
merus and selexis receive a € 2.1 million grant for single cell lin...

May 19
Imperial College Innovations Limited
innovations leads £25m series c funding round in psioxus

May 19
3TS Capital Partners Ltd
big data storage and analytics company mammothdb secures eur 1.6 mi...





About usContact usLegal Information
Copyright © 1999-2015
Emerging Technology Research Europe Inc. All rights reserved.