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Applied invests in chip printing start-up |
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Jul 11, 2007 at 04:02 PM |
 Applied Ventures, the venture capital arm of Applied Materials, has invested in a company called Semprius that is developing a novel transfer printing technology using single crystal semiconductors on any substrate, including glass, plastic and other semiconductor materials.
"Semprius' printing technology is in line with Applied Ventures' investment strategy to stimulate the growth of applications for semiconductors, displays and other product areas," said J. Christopher Moran, Vice President and General Manager of Applied Ventures. "We believe Semprius has unique technology that can offer significant performance and cost advantages for many advanced electronic applications."
Semprius received US$4.7 million in Series A funding from Arch Venture Partners, Intersouth Partners and Illinois Ventures earlier this year.
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