Nanotech startup Chiral raised $3.8 M Pre-seed funding from Founderful, HCVC
In its pre-seed round, which was co-led by Founderful (formerly Wingman Ventures) and HCVC and included grants from ETH Zurich and Venture Kick, nanotechnology startup Chiral has raised $3.8 million.
With the money raised, the company will accelerate the development of its next machine, which will open up new market niches. Additionally, it will be used to grow its staff in order to meet the expanding clientele and demand.
Chiral, a company founded by Seoho Jung, says it has created robotic, automated, high-speed machines that incorporate nanomaterials into gadgets. Materials the size of micrometers, or even nanometers, can be automatically placed on tiny chips by these machines.
A very high degree of engineering is needed to repeat these motions quickly and automatically, ensuring the control and precision that traditional chemistry-based methods cannot.
With $130 million in assets under management, venture capital firm HCVC provides founders with the capital, resources, and teamwork they need to tackle challenging issues. HCVC, which has offices in San Francisco, London, and Paris, makes investments in pre-seed and seed companies that develop cutting-edge technology to automate, digitize, and decarbonize the global economy.