Dutch-based Kalpana Systems raises €3.5M – Silicon Canals
Delft-based Kalpana Systems, a machinery manufacturer, has secured €3.5M in fresh funding from Fairtree Elevant Ventures, SIG InnoVentures, and the Energy Transition Fund Rotterdam. This funding will help the Dutch company bring its innovative spatial Atomic Layer Deposition (sALD) technology to market. The technology is crucial for applying ultra-thin layers used in next-generation solar panels, batteries, and packaging. Kalpana Systems claims its machine offers faster production speeds, reduced costs, and efficient use of raw materials, supporting advancements in the energy transition. David Evans, MD at Fairtree Elevant Ventures, says, “Kalpana…
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