TracXon has raised €4.75 million in seed funding to advance its hybrid printed electronics technology, offering a sustainable alternative to traditional circuit boards.

Information on the Target

TracXon, a deep-tech spin-off from the Netherlands Organization for Applied Scientific Research (TNO), has successfully raised €4.75 million ($5.50 million) in seed funding to advance the industrialization of hybrid printed electronics (HPE). This innovative technology presents a sustainable and resource-efficient alternative to traditional printed circuit boards (PCBs), which are among the most environmentally damaging components in electronics. The funding round was led by DeepTechXL, with participation from Invest-NL and the Brabant Development Agency (BOM), which continues its support following an earlier pre-seed investment.

Since its establishment in 2022, TracXon has made significant strides in transitioning from lab-scale to industrial-scale production of HPE. With a carbon footprint that is five times lower and material usage that is twelve times more efficient than traditional PCB technology, TracXon is not only contributing to a circular economy but also promoting sustainability within the digital industry.

Industry Overview

The Dutch electronics industry is undergoing a transformative phase, largely driven by advancements in technology and an increasing emphasis on sustainability. With the global push toward a circular economy, the need for greener altern