February 13, 2007, Dortmund, Germany--German laser startup Klastech Karpushko Laser Technology GmbH received $2.7 million in a Series A funding round led by Triangle Venture Capital (Bensheim, Germany). Klastech develops, manufactures and markets proprietary diode-pumped solid-state (DPSS) lasers used for semiconductor production, pharmaceutical industries, and scientific applications.
Klastech started operating in 2006 based on the results of the work of Prof. Fedor Karpushko, a leading scientist with more than 30 years of international experience in photonic research. The proprietary optical design results in a substantial reduction in the complexity of conventional lasers through improved beam quality, opening up many new application areas and enabling the laser to be manufactured in an industrial process instead of using the more traditional craft production method. Due to the improved technology, Klastech says it intends to fully replace argon ion and helium-cadmium lasers in existing applications.
"The Klastech team is outstanding--their approach proves again that sometimes simple but smart ideas lead to powerful products, which disrupt existing markets. Proper execution is now the key to capturing a significant share of the laser market", says Triangle partner Soeren Schuster.
For more information, visit www.klastech.de.
