Chiral Nano receives 3.8 million dollars in seed capital

Chiral Nano, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), has secured 3.8 million dollars in seed capital. It comes from the venture capital firms Founderful (formerly Wingman Ventures) and HCVC. ETH Zurich and start-up sponsor Venture Kick also participated with grants.

Chiral Nano has pioneered the development of high-speed automated robots that precisely integrate nanomaterials into devices, according to a Venture Kick press release. These machines can precisely place micrometer- or even nanometer-sized materials on small chips and thus exceed the precision and control limits of conventional chemical methods.

Originally, this was a national research project of the institutions of the ETH Domain ETH, the Swiss Federal Institute of Technology Lausanne(EPFL) and the Swiss Federal Laboratories for Materials Science and Technology (Empa). Chiral Nano was founded by Seojo Jung, Natanael Lanz and Andre Butzerin during their doctoral studies. After four years of research, the team produced its prototype. According to Venture Kick, it was 100 times faster than existing systems. The positive feedback from the market led to the founding of Chiral Nano in June 2023.

The start-up intends to use the fresh capital to develop the next generation of machines. Chiral Nano is also planning to expand its team to meet the growing demand. ce/mm