Saarbrücken-based company strengthens its equity capital with a mid-single-digit million amount and gains a well-known lead investor with Capnamic. Further growth, market expansion and development of complementary competencies are planned.
Saarbrücken, June 5, 2024 – SurFunction GmbH, a DeepTech company and pioneer in the field of laser-based surface modification, today announced the successful closing of a significant round of financing. The round was led by Capnamic, one of the leading early-stage investors in technology companies. Existing investors also participated, reaffirming their confidence in SurFunction’s breakthrough technologies and growth potential.
SurFunction plans to use the new funds to advance the development and commercialization of its Direct Laser Interference Patterning (DLIP) technology and to add other complementary technology building blocks. SurFunction’s technology enables the creation of high-precision, near-natural and sustainable surface structures that improve the properties of materials in innovative ways. Applications can be found in a wide range of industries, including automotive, medical and mechanical engineering.
“This financing round is an important milestone for SurFunction,” says Dr. Dominik Britz, founder and CEO of SurFunction GmbH. “Thanks to the support of Capnamic and our existing investors, we will be able to further develop our technology platform, expand our competencies and enter new markets. Our goal is to revolutionize the industry with sustainable and highly efficient surface solutions. We are also looking to strengthen our team in order to implement this growth strategy.”
Since its operational start at the end of 2021, SurFunction GmbH has established itself as a pioneer and technology leader in the development and application of DLIP technology. Through close cooperation with leading industrial partners and scientific institutions such as Saarland University and TU Dresden, the company has continuously set new standards in surface functionalization.
With ELIPSYS®, the latest patented generation of DLIP technology, SurFunction offers numerous advantages, including up to 1000 times faster processing and the ability to economically produce complex surface structures on an industrial scale. This opens up a wide range of applications, from antibacterial and non-stick surfaces to low-friction and highly conductive structures inspired by nature.
Ralf Zastrau, co-founder and co-managing director of SurFunction, adds: “With our new financing structure, we are able to strengthen our market position and expand our innovation leadership. With Capnamic, we are pleased to have gained a high-profile lead investor with international appeal for our dynamic growth.”
Capnamic will not only provide financial support for the further development of SurFunction, but will also contribute extensive expertise in scaling and internationalizing technology companies. This experience in building high-tech companies will help SurFunction successfully navigate the next phase of its business and establish DLIP technology globally.
“We are excited about the possibilities that SurFunction’s technology offers,” says Capnamic’s Niklas Raberg. “The potential to redesign surfaces while directly leveraging nature’s expertise offers opportunities to transform entire industries. We look forward to actively supporting SurFunction on their journey and together setting new standards in surface solutions.”