Synova S.A., an Ecublens, Switzerland-based provider of innovative laser cutting systems for a broad range of micromachining and dicing applications, has raised CHF20m in funding from Holland Private Equity.
Holland will become Synova’s largest outside shareholder.
The company intends to use the funding to grow abroad, expand sales efforts and continue to develop its product.
Founded in 1997 and led by Founder, Chairman and CEO, Dr. Bernold Richerzhagen, Synova is developing a Laser MicroJet technology by exploiting the synergy of laser power with water. It enables possibilities and allows for substantial reduction of total cost in various high-precision application fields (click here).
The company manufactures and commercializes industrial Laser Micro Jet machines and modules.