Dutch private investment firm Mentha Capital and BNP Paribas Private Equity have invested $10m in Anteryon, a Netherlands-based wafer-scale micro optics business. Mentha Capital is a new investor; BNP Paribas Private Equity already invested in Anteryon in December 2008.
Anteryon‘s WaferOptics technology is used in the production of micro-optics for miniature cameras in mobile phones, LED optics and VCSEL (laser) modules. Wafer scale production allows miniaturisation and cost saving.
With the newly invested capital Anteryon will be able to boost its worldwide manufacturing facilities, including extension of the facilities in Eindhoven, The Netherlands, and the set up of a new production facility in the Far East.
Gijs Botman, co-founder and managing partner of Mentha Capital, said, “We believe that Anteryon’s disruptive WaferOptics technology will shape the market for camera modules. Being the first to supply mass production volumes to the largest handset manufacturers, Anteryon is the leading player in this market. As such, Anteryon will take advantage of the further penetration and growth of camera modules in mobile phone handsets. Besides, Anteryon’s technology creates a huge opportunity to address other fast growing markets including the LED optics and VCSEL laser modules markets. Anteryon’s strong management team is well equipped to master the challenges associated with such rapid growth.”
Mentha Capital invests in smaller mid-size companies whose full potential is not being achieved or that offer significant scope for expansion.
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