AGIC Capital Completes Eulitha Investment
Invests in Swiss-based provider of non-contact Nano-UV-Lithography equipment and services
European-Asian private equity firm AGIC Capital announces that an investment fund under its management has invested an undisclosed amount into Eulitha AG, a specialised technology provider of non-contact Nano-UV-Lithography equipment and services.
Founded in 2006 in Switzerland, Eulitha's PHABLE is targeted at a wide range of photonics applications including DFB/DBR Lasers, AR/VR, telecommunications, optical components and bio sensors.
AGIC Capital will work closely with the management team to support Eulitha's international development in particularly the Asia Pacific region and use resources with large industrial players to help the company increase sales and customers.
Heiko von Dewitz, partner of AGIC Capital in Europe, said: “AGIC Capital believes Eulitha is well poised to gain substantially from the underlying market trends favouring its proprietary equipment and process technology solutions. We are very pleased to have made this investment and will work with the Eulitha management team to scale up the business and accelerate its growth across a variety of industries.”
Harun Solak, CEO and co-founder of Eulitha, said: “We are delighted to have AGIC Capital on board on our journey to become a global leader in offering lithography solutions to the growing photonics industries. With this investment Eulitha will be significantly expanding its resources, both financially and in terms of its market reach, to further develop and market its unique photolithography equipment and associated technologies.”