Free press releases distribution network?

Agency / Source: BASF

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



BASF Venture Capital Invests €1 Million in UK-based Technology Provider SmartKem - BASF Venture Capital has invested €1 million in the technology company SmartKem, based in St. Asaph, Wales - SmartKem.com / BASF-VC.com
BASF Venture Capital Invests €1 Million in UK-based Technology Provider SmartKem

 

PRZOOM - /newswire/ - Ludwigshafen, Germany, 2014/08/13 - BASF Venture Capital has invested €1 million in the technology company SmartKem, based in St. Asaph, Wales - SmartKem.com / BASF-VC.com. DE000BASF111

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Total investment of BASF and two more investors is €3 million;
• SmartKem is focused on high performance organic semiconductor inks to enable printing of thin film transistors.

The total investment of the financing round was €3 million. Further investors with equal terms were Octopus Investments and Entrepreneurs Fund.

SmartKem is a leader in research and development of high performance organic semiconductor inks. These inks are used in printed thin film transistors (TFTs), which drive unbreakable and fully flexible electronics, for example leading-edge flexible OLED (Organic Light Emitting Diodes) displays.

“The future belongs to flexible displays. First flexible smartphones are already in the market. Customers will benefit from a lot of useful lightweight, fully flexible and rollable electronics products based on organic TFTs. Our investment in SmartKem and our extensive Joint Development Program will take us a great step forward in bringing this future-oriented technology faster to the market,” said Dirk Nachtigal, Managing Director, BASF Venture Capital.

Steve Kelly, CEO of SmartKem, added: “Groundbreaking advances in material technology will drive the future of printed and flexible electronics. We are happy to join forces in research and development with BASF to progress smart chemistry for the new generation of flexible displays and circuits, which will address future market needs.”

Thin film transistors are part of the driver electronics in today’s displays. They have the function to switch pixels on and off. Established display technologies based on inorganic TFT materials (e.g. silicon or metal oxide systems) are processed on glass at high temperatures. When it comes to true flexibility, conventional TFT systems reach their boundaries. Organic thin film transistors are inherently much more flexible and can be processed on plastic films, since they are printable at low temperatures. Furthermore, printing TFTs has the potential to make the whole production process much more efficient, including possible cost reductions.

About SmartKem
SmartKem (smartkem.com) is a leading supplier of high performance organic semiconductor inks for the manufacture of printed TFTs. SmartKem’s inks can be processed on flexible and lightweight plastic substrates to enable rugged and truly flexible electronics. The drawback of commercial TFTs is the need for high annealing temperatures during the production process to reach full performance. This works on glass but not effectively on plastic. SmartKem’s core offering responds to the demand for unbreakable and flexible electronics that can be produced efficiently. SmartKem has an unrivalled pipeline of new inks that are under evaluation by various industry-known partners. The business model is focused on delivering expertise in molecular design, synthesis, application engineering and technology transfer to customers.

About BASF Venture Capital
BASF Venture Capital GmbH (basf-vc.com) was established in 2001 as a wholly owned subsidiary of BASF New Business GmbH, Ludwigshafen, Germany, with the aim of exploring new growth potentials based on investment in startup companies and funds.

About BASF
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of about €74 billion in 2013 and over 112,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: BASF

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


BASF Venture Capital Invests €1 Million in UK-based Technology Provider SmartKem

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
BASF Venture Capital | SmartKem
Contact: Holger Kapp - BASF.com 
holger.kapp[.]basf.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From BASF / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass
PPG Wins Big At 2016 SEMA Show PPG-painted Cars, Trucks Capture Major Awards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today