Danish nanotech company NILT raises €6.3 million

Danish-founded NIL Technology (NILT) has raised €6.3 million in a funding round co-led by Jolt Capital and NGP Capital.

Founded in 2006, NILT specialises in nanopatterning and nanoimprint lithography for industrial customers. The company plans to use the funding to develop full optical systems for sensor solutions to use in IoT, AR/VR, displays, and automotive products.

“Micro-optical sensors have been underutilised for a while mostly because of poor yield and lack of expertise,” said Jean Schmitt, managing partner of Jolt Capital. “NILT is a unique and critical supplier at the intersection of optical design and mass production, enabling high-quality sensors with high yield- and high volume production.”

Share this:
Share on linkedin
Share on facebook
Share on twitter

Get exclusive access to news, data and actionable insights on the European Tech innovation ecosystem(s)

By subscribing to Tech.eu, you gain instant access to curated European technology news, market intelligence and interviews with leading startup founders, investors and more. Sign up now in under a minute to deepen your knowledge on the European Tech innovation ecosystems on a daily basis.