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VSParticle Secures €6.5m Funding for Nanoparticle Printer

August 09, 2024

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VSParticle (VSP) in the Netherlands recently secured $6.5 million in funding to further advance the development of industrial machines tailored for creating nanoparticles. The A2 funding round for VSParticle was spearheaded by NordicNinja and previous investor Plural, with additional support from Hermann Hauser Investment, a previous investor. This latest injection of capital brings the total funds raised by VSParticle to €24.5 million, which will be instrumental in scaling up production capabilities and expanding into new markets, including Japan and industrial sectors.

Nanoparticles play a crucial role in various industries, particularly in the realm of battery systems and semiconductor production. Based in Delft, VSParticle has pioneered technology that allows for the breakdown of materials into nanoparticles with the simple push of a button. This breakthrough technology has wide-ranging applications, from battery development and semiconductor manufacturing to LEDs, solar cells, image sensors, and hydrogen electrolysers.

One of the key advantages of VSParticle's technology is its ability to significantly expedite the process of material discovery and development. Traditionally, it can take up to a decade to discover new materials in a laboratory setting, followed by an additional five years to transition them to mass production. However, with the VSP-P1 system, this timeline can be condensed to just one year, enabling researchers and R&D teams to experiment and innovate more efficiently.

VSParticle's clientele consists of forward-thinking organizations that are at the forefront of integrating cutting-edge technologies like robotics, AI, and high-throughput material synthesis in their labs to accelerate innovation. The latest generation of VSParticle printers boasts up to 100 times higher output capacity, positioning the company for further expansion into markets like Japan while reinforcing its presence in the US and Europe.

By leveraging VSParticle's nanoparticle technology, customers are now able to mass-produce catalyst-coated Porous Transport Layers (PTLs), essential components in electrolyzers crucial for green hydrogen production. The use of VSP printers to develop new material combinations for PTLs not only promises significant savings in scarce metals like iridium but also facilitates the introduction of new products more swiftly and cost-effectively. It is anticipated that by 2027, the first components developed using VSP's technology will be available in the market, supporting the production of green hydrogen.

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