About Picosun
Picosun is a company based in Espoo (Finland) founded in 2004 was acquired by Applied Materials in June 2022.. Picosun has raised $21.08 million across 2 funding rounds from investors including Applied Materials, CapMan and First Fellow Partners. Picosun operates in a competitive market with competitors including Veeco, Evercloak, Europlasma, Advenira and Korvus Technology, among others.
- Headquarter Espoo, Finland
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.08 M (USD)
in 2 rounds
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Latest Funding Round
$13.64 M (USD), Series A
Jun 28, 2019
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Investors
Applied Materials
& 5 more
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Employee Count
Employee Count
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Acquired by
Applied Materials
(Jun 16, 2022)
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Funding Insights of Picosun
Picosun has successfully raised a total of $21.08M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.64 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $13.6M
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First Round
First Round
(20 Sep 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series A - Picosun | Valuation | CapMan , First Fellow Partners | |
| Sep, 2013 | Amount | Angel Round - Picosun | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Picosun
Picosun has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Applied Materials, CapMan and First Fellow Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investment management firm
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Founded Year | Domain | Location | |
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Venture capital investments are made in early-stage tech startups.
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Founded Year | Domain | Location | |
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Private equity investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Picosun
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Picosun
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Picosun Comparisons
Competitors of Picosun
Picosun operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Veeco, Evercloak, Europlasma, Advenira and Korvus Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Thin-film processing equipment is manufactured for LEDs and MEMS.
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| domain | founded_year | HQ Location |
Nano-based thin films are manufactured using advanced nanomaterials and inks.
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| domain | founded_year | HQ Location |
Manufacturing technology for nano-based thin films is provided.
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| domain | founded_year | HQ Location |
Nanostructured coating materials are produced via SDN technology.
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| domain | founded_year | HQ Location |
Modular thin film deposition systems are developed for manufacturing applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Picosun
Frequently Asked Questions about Picosun
When was Picosun founded?
Picosun was founded in 2004 and raised its 1st funding round 9 years after it was founded.
Where is Picosun located?
Picosun is headquartered in Espoo, Finland.
Is Picosun a funded company?
Picosun is a funded company, having raised a total of $21.08M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $7.44M, raised on Sep 20, 2013.
What does Picosun do?
Picosun was founded in 2004 in Espoo, Finland, where thin-film coating machinery for atomic layer deposition (ALD) is produced. Ultrathin, uniform layers are applied to substrates using gas-phase chemical reactions at the surface. The P series targets industrial production, while the R series supports pilot operations. Clients include manufacturers of integrated circuits, MEMS, optical and display devices, and medical equipment. Plasma-enhanced ALD machinery is also manufactured.
Who are the top competitors of Picosun?
Picosun's top competitors include Veeco, Europlasma and Evercloak.
Who are Picosun's investors?
Picosun has 6 investors. Key investors include Applied Materials, CapMan, First Fellow Partners, Hannu Turunen, and R.Ruth Oy.
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