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siOPTICA remains on growth path

  • 2018

Jena based siOP­TICA GMBH secured a 4 M€ growth financ­ing by bm|t and Capital‑E II ARKIV (Capital‑E), Antwerp.

With this new cap­i­tal siOP­TICA will expand its prod­uct port­fo­lio of switch­able pri­vacy fil­ters, develop new IP and file cor­re­spond­ing patents. siOP­TICA will adapt exist­ing solu­tions to fully meet new cus­tomer require­ments. Fur­ther­more, the invest­ment will be used for the devel­op­ment of new gen­er­a­tions of pri­vacy fil­ters and expand­ing world­wide sales and mar­ket­ing efforts to strengthen the siOPTICA’s mar­ket presence.

siOP­TICA offers switch­able pri­vacy solu­tions for dis­plays applied in key mar­kets such as auto­mo­tive, ATMs and other pay­ment devices, as well as mobile devices such as lap­tops. The inte­grated pri­vacy fil­ters secure pin entry on ATMs and other pay­ment ter­mi­nals by pre­vent­ing skimming.

The siOP­TICA tech­nol­ogy allows the pas­sen­ger to use a sec­ond car infor­ma­tion dis­play for enter­tain­ment dur­ing dri­ving with­out dis­tract­ing the dri­ver as is imposed by law. Nav­i­ga­tion data and other impor­tant infor­ma­tion remain vis­i­ble to the dri­ver at any time. Indus­try stud­ies under­line that from 2022 onwards every sec­ond car will be equipped with at least two front displays.

Screen pri­vacy also plays an impor­tant role in many other sit­u­a­tions. Numer­ous com­pa­nies impose or at least encour­age their employ­ees to use pri­vacy fil­ters on their mobile devices when out­side the com­pany premises. The cur­rent fil­ters are attached to the screen sur­face and darken the dis­play. Com­pen­sat­ing for the desired bright­ness increases the power con­sump­tion. Some­times these fil­ters are per­ma­nently attached to the screen, pre­vent­ing screen shar­ing when needed or desired. With the siOP­TICA tech­nol­ogy, these prob­lems do not exist. Inte­grated switch­able pri­vacy fil­ters allow flex­i­ble and secure work­ing when needed.

With this invest­ment, bm|t (beteili­gungs­man­age­ment thürin­gen GmbH), which also man­ages the funds “Pri­vate Equity Thürin­gen” and the growth fund “Stiftung Thüringer Beteili­gungskap­i­tal” which both invested in siOP­TICA, has become the major­ity share­holder in the company.

With Capital‑E we won a new investor that not only sup­ports us finan­cially, but also brings a vast expe­ri­ence in entre­pre­neur­ship and tech­nol­ogy”, empha­sizes Dr Markus Klipp­stein, CEO and co-founder of siOP­TICA GmbH.

Capital‑E mainly invests in com­pa­nies deal­ing with Micro/Nano –elec­tron­ics and new mate­ri­als. The siOP­TICA Team, the tech­nol­ogy, the strong IP port­fo­lio as well as the cus­tomer net­work have con­vinced us to invest in the com­pany. We see large oppor­tu­ni­ties”, stated Dr Lou Her­mans, part­ner at CAPITAL‑E. “We are look­ing for­ward to actively sup­port the expe­ri­enced siOP­TICA Man­age­ment team grow­ing the com­pany over the next years.”

For us it is a great plea­sure to see how siOP­TICA con­tin­u­ously has devel­oped over the years. The new invest­ment pro­vides the com­pany with a solid basis for fur­ther growth”, empha­sizes Cor­nelia Böse, Invest­ment Man­ager at bm|t.

 

About siOP­TICA:

siOP­TICA GmbH was founded in 2013 in Jena/Germany with the goal to estab­lish inno­v­a­tive and spe­cial solu­tions in the mar­ket, pri­mar­ily in the field of optics. The com­pany offers tech­nolo­gies in the field of pri­vacy fil­ters that can screen data from unau­tho­rized views, whereas the company’s prod­ucts do not suf­fer from the state-of-the-art bright­ness loss and fur­ther­more they offer dif­fer­ent modes of oper­a­tion. siOPTICA’s solu­tions offer great advan­tages in the fields of ATM/ Banking/ Retail/ Pay­ment ter­mi­nals, logistics/secure access, data secu­rity as well as con­sumer electronics.

siOP­TICA is a mem­ber of SID and DFF (Ger­man flat panel Asso­ci­a­tion) as well as in the pho­ton­ics net­work “Optonet e.V.“.

More infor­ma­tion about siOP­TICA can be found under http://www.sioptica.com

Press con­tact:
Manuela Fischer
Direc­tor Busi­ness Development

Tel.: +49 3641 6345 901

 

About bm|t

The Erfurt-based bm|t beteili­gungs­man­age­ment thürin­gen gmbh – a sub­sidiary of the Thüringer Auf­baubank – is the first address for invest­ment in Thuringia. bm|t cur­rently man­ages eight invest­ment funds with a total vol­ume of 320 mil­lion €. bm|t invests in inno­v­a­tive com­pa­nies of all high-yield sec­tors and in all stages of a company’s life cycle, from start-up to IPO or MBO.

More infor­ma­tion about bm|t can be found under https://www.bm‑t.com

Con­tact:
Cor­nelia Böse
Invest­ment Manager
Tel.: +49 361 74 47 606

 

About Capital‑E

Capital‑E is one of the few Ven­ture Cap­i­tal Funds in Europe with on focus early-stage invest­ments in the area of micro/­nano-elec­tron­ics and new mate­ri­als. Typ­i­cally, the fund invests in com­pa­nies in the pro­to­typ­ing phase or real­is­ing a turnover of 1 M€. Capital‑E invests mainly in West­ern Europe. The team of Capital‑E plays an active role as part­ner and often as board mem­ber from the moment of first invest­ment until the exit.

More infor­ma­tion about Capital‑E can be found under http://www.capital‑e.com

Con­tact:
Dr Lou Hermans
Invest­ment Manager
lou.hermans@capital‑e.com

Tel.: +32 3 303 37 31

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