Synova
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 |
---|---|---|---|---|
Revenues | 4.6m | 4.7m | 4.3m | 4.4m |
% growth | - | 1 % | (8 %) | 4 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Spinout | ||
CHF20.0m | Growth Equity VC | ||
N/A | Acquisition | ||
€540k | Grant | ||
€300k | Grant | ||
Total Funding | CAD26.3m |
Recent News about Synova
EditSynova is a Swiss-based company that specializes in laser cutting systems. They have revolutionized the industry with their unique Laser MicroJet technology, which allows for highly precise and fast machining without causing thermal damage, taper, or depositions. This technology has a wide range of applications, from cutting silicon wafers and integrated circuits in the semiconductor industry, to crafting surgical instruments and implants in the medical field.
Synova's business model is multifaceted. They sell their laser cutting systems to other businesses, but they also offer 'job shop' cutting services at their headquarters and international MMCs. This service is ideal for clients needing prototypes or small batches of items. Additionally, they provide the flexibility for customers to integrate core Laser MicroJet components into their existing production facilities.
The company also makes its Laser MicroJet technology, including its IP portfolio, available for licensing. This means other companies can pay a fee to use Synova's technology in their own products or services.
Synova's market is global, serving a diverse range of industries including aerospace, semiconductor, medical, and watchmaking. Their clients range from small businesses needing prototype services, to large corporations integrating Synova's technology into their production lines.
In summary, Synova is a cutting-edge company that has made significant strides in the laser cutting industry. They have a diverse business model that includes selling their products, offering cutting services, and licensing their technology.
Keywords: Laser Cutting, Laser MicroJet Technology, Semiconductor Industry, Medical Industry, Aerospace Industry, Watchmaking Industry, Licensing, Prototype Services, Global Market, Cutting Services.