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Midel Photonics, a Bonn-based laser start-up company, has ended the year with the conclusion of its seed financing round, with investors including High-Tech Gründerfonds (HTGF) and renowned industry experts Thomas Merk and Dr. Markus Dilger. "We are thrilled to have such strong and technology-savvy partners supporting our vision and work." said Dr. David Dung, co-founder and CEO of Midel Photonics.
Founded in 2022, high-tech start-up Midel Photonics is revolutionizing laser materials processing. In key areas such as cutting microchips, welding engines and batteries for electromobility and display manufacturing, current laser technologies are reaching their limits, leading to inefficient production processes and wasted resources. Midel Photonics’ innovation is a novel technology that shapes laser beams to significantly enhance the efficiency of existing processes while paving the way for new manufacturing processes. The company is working towards a more sustainable and intelligent manufacturing future. This seed financing marks another milestone for the young company.
"With this investment we can now realize our growth plans and establish our breakthrough technology even more broadly in the market. Midel Photonics is ready to actively shape the future of the laser industry." said Frederik Wolf, co-founder and CEO of Midel Photonics.
"Midel Photonics has developed a ground-breaking beam shaping solution that can propel laser applications to the next level. I am excited to support the team in the market adoption phase and take the next steps together!" said Dr. Nils Lang, Investment Manager at HTGF.
"I am looking forward to the future cooperation with the team of Midel Photonics. Most important and deciding topic of laser processes is the application result." said Thomas Merk, former president and CEO of Rofin Sinar, Executive Vice President Coherent. "The technology of Midel Photonics enlarges the process window significantly and provides a more sustainable quality of laser applications. Midel Photonics is able to provide these stabilizing optics specific for their customers applications on short delivery."
"Laser technology is a key technology for many future applications. Midel Photonics will help to shape these emerging applications with its technology." said Dr. Markus Dilger, former managing director of Carl Zeiss NTS, Senior VP Corporate Research Infineon. "There are many exciting applications for the products, particularly in micro- and nanoelectronics. I am confident that Midel Photonics’ founding team and proprietary technology will be key to the success of the company."
Click here to learn more about MIdel Photonics' Laser Beam Shaping.