German startup that has developed micro power multi-channel gas detector chip for the mass market, SmartNanotubes Technologies has raised €2.4 million in Series A funding round. The lead investors include Cottonwood Technology Fund and duotec GmbH.
Current gas sensor arrays are expensive, large in size, and characterised by low sensitivity and high-power consumption. The carbon nanotubes chips of SmartNanotubes, however, are highly sensitive, energy-efficient, compact, and low-cost. The company is a game changer in the gas sensor market as its chips can measure multiple gases while most existing technologies can only detect one gas at a time.
The platform is targeting markets including product quality in materials, food and medical applications. Viktor Bezugly said: “Other areas include safety and security in transport, consumer goods and manufacturing through the early detection and identification of volatile organic compounds (VOCs) and hazardous gases. Moreover, it can control air quality, for example in industrial environments such as cleanrooms.”
Birte Sönnichsen said: “duotec is well known as a very professional electronics production partner. And Cottonwood brings us – besides their deeptech startup experience – a global network of relevant corporates including Asia and the U.S.”