A consortium of investors led by BASF provided growth capital and acquires an undisclosed stake in temicon, a manufacturer of micro and nanostructured products.
About the Target – temicon
temicon GmbH (“temicon”) is a Germany-based company that specializes in the production of micro and nanostructured components for various applications. The company offers custom-made solutions for industries such as electronics, optics, and life sciences. temicon’s expertise lies in the fields of nanoimprint lithography, laser ablation, and electroforming.
About the Investors
BASF SE (“BASF”) is a Germany-based multinational chemicals company that produces a wide range of chemicals, plastics, performance products, and agricultural products for various industries including automotive, construction, agriculture, pharmaceuticals, and consumer goods.
Corning Inc. (“Corning”) is a US-based company that manufactures glass, ceramics, and related materials for various industries. Corning’s product portfolio includes a wide range of materials and technologies and is known for its innovative products and technologies, including Gorilla Glass, a type of toughened glass used in the screens of smartphones and other devices.
Wickeder Westfalenstahl GmbH (“Wickeder”) is a Germany-based company that produces high-quality steel products for a wide range of industries such as automotive, construction, and engineering. The company specializes in the manufacturing of precision steel strips and provides tailor-made solutions to its customers. Wickeder has a strong focus on sustainability and constantly strives to reduce its environmental footprint through innovative production methods.
eCAPITAL ENTREPRENEURIAL PARTNERS AG (“eCAPITAL”) is a Germany-based impact venture capital firm that provides early to growth stage funding to technology companies in various industries. The firm specializes in investing in companies with disruptive business models and technologies that have the potential to transform their industries. eCAPITAL’s investment portfolio covers a range of sectors, including cleantech, software/IT, cybersecurity, industry 4.0, and new materials.