Beneq has received investment of EUR 20 million.
Beneq, an Espoo, Finland-based company supplier of Atomic Layer Deposition (ALD) equipment and coating services, announced that it received a total investment of EUR 20 million ($22.5M).
The money was provided by existing investor SRI Intellectual, and is part of a development program that was agreed in 2018 in order to support growth in new industrial ALD solutions and the transparent display business. SRI Intellectual, based in China, bought Beneq in 2018.
Beneq, founded in 2005 and led by president Jukka Nieminen, is a leading supplier of Atomic Layer Deposition (ALD) equipment and coating services, and the world’s premier manufacturer of thin film electroluminescent displays.