Wednesday, December 15, 2021

Redstone’s North Karelia Growth Fund makes a pre-seed investment in Chipmetrics, a spin-off of VTT Finland

Redstone’s North Karelia Growth Fund makes a pre-seed investment in Chipmetrics, a spin-off of VTT. Chipmetrics is based in Joensuu, Finland, one of the leading photonics hubs in Europe. The company is a forerunner in productizing test structures, test chips, and related measurement concepts for advanced materials and microelectronics manufacturing industries.

The 3D nanometrology startup is part of the emerging Atomic Layer Deposition industry and research community. ALD is a key enabler of the 3D megatrend in the semiconductor industry by improving the performance and energy efficiency of transistors and memory circuits.

We wish CEO Mikko Utriainen and the whole team the best of success in this sizable global industry and are delighted to support the venture.

Chipmetrics will launch a seed round in 2022. We are looking forward to seeing you grow!


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