LIDROTEC, a deep tech start-up specializing in advanced laser systems for chip cutting, has successfully raised $13.5 million in a Series A-2 financing round to enhance its product development and market presence.

Target Company Overview

LIDROTEC is a deep tech start-up based in Essen, specializing in cutting-edge laser systems designed for low-damage, high-precision chip cutting applications. Recently, the company successfully concluded a Series A-2 financing round, raising $13.5 million. This round was co-led by Lam Capital, the venture arm of Lam Research Corporation, along with support from Goose Capital. Notably, new investors such as ZEISS Ventures and NRW.BANK have joined the financing, contributing valuable technical and operational expertise. Existing investors, including Goose Capital and Gründerfonds Ruhr, also participated beyond their initial commitments to support LIDROTEC's growth.

LIDROTEC’s innovative laser systems merge high-precision cutting techniques with fluid-based cooling and cleaning processes. This technology minimizes material damage, reduces the width of the heat-affected zone, and decreases particle defects in grooving and dicing processes. As a result, manufacturers experience substantially lower breakage rates and enhanced yields, particularly when working with challenging materials and thin semiconductor substrates.

Industry Overview in Germany

The semiconductor industry in Germany is witnessing significant growth, driven by an increasing demand for advanced electronic devices. The country is home to numerous semiconductor manufacturers, ranging from established corporations to