| Nanda Technologies GmbH (Unterschleissheim, Germany), a company offering wafer inspection technology, has raised $8 million (about 5 million euro) in a Series B round led by Deutsche Effecten-und Wechsel-Beteiligungsgesellschaft AG (DEWB) and BrainsToVentures AG (b-to-v), a business angel network.
DEWB and investors behind b-to-v led by Christian Reitberger intend to take an active part in Nanda, the company said. Other investors include existing shareholders Ventegis Capital AG and Bayern Kapital as well as the business angel Alexander Bruehl.
Nanda was founded in 2006 to develop and manufacture optical, non-contacting inspection systems for process control in semiconductor manufacturing.
Semiconductor wafers are inspected for "macro defects" such as scratches, particles or other contaminants larger then 1-micron. Nanda uses a novel optical design combined with image processing to increase the speed of inspection while maintaining sensitivity. The result is a 10-fold decrease in inspection cost per wafer compared to existing tools, Nanda claimed.
Nandas first generation of inspection system is currently under evaluation with leading semiconductor manufacturers.
"We expect good results from the evaluation process with leading semiconductor manufacturers and anticipate rapid market acceptance," said Falk Nuber, member of the management board of DEWB, in a statement issued by Nanda.
Johannes von Borries, CFO, added: "The secured financial situation puts our market entry on solid ground and provides us with an advantage in the search for talents. For the extension of our team we can offer potential candidates a very attractive package of an exciting work environment and excellent career opportunities. We are currently looking for experts in the area of optical and mechanical engineering as well as software development."