Nanotechnology startup Chiral has raised $3.8 million in its pre-seed round co-led by Founderful (formerly Wingman Ventures) and HCVC and includes grants from ETH Zurich and Venture Kick.
This proceeds will be used to ramp up the development of its next machine, which will unlock new market opportunities. It will also be used to scale its team to keep up with the growing demand and customer base.
Founded by Seoho Jung, Chiral claims to have built high-speed, automated, robotic machines that integrate nanomaterials into devices. These machines can robotically place micrometer-sized (or even nanometer-sized) materials on small chips.
Repeating these motions in a fast and automated manner requires a very high level of engineering which ensures the precision and control that conventional chemistry-based methods lack.
Venture capital firm HCVC helps founders tackle hard problems with capital, resources and collaboration with $130 million in assets under management. With offices in Paris, London and San Francisco, HCVC invests in pre-seed and seed companies that breakthrough technology to digitize, automate and decarbonize the world.