HiperScan GmbH, a Dresden, Germany-based developer of scanning grating technology, raised €450k in funding.
Backers included HCS Beteiligungsgesellschaft, High-Tech Gründerfonds and Technologiegründerfonds Sachsen.
The amount of the deal was not disclosed.
The company intends to use the funds to continue technical development of the NIR systems, particularly with respect to miniaturization, cost optimization and scaling and expand operations globally.
Led by Dr. Alexander Wolter, CEO, HiperScan provides technology for the rapid, cost-efficient identification of substances and substance mixtures. The company has sold over 400 of its “Apo-Ident” near-infrared (NIR) spectroscopes to German pharmacies.
HiperScan was founded in 2006 as a spin-off of the Dresdner Fraunhofer Institute for Photonic Microsystems (IPMS).