MIG AG, through its MIG Fonds, has kicked off the year with a seed investment in deep-tech company Zadient Technologies, based in Chambéry, France and founded in 2020.
Zadient’s innovation lies in its high quality crystal production which improves the manufacturing process and lowers semiconductor production costs. The first round of financing will be used to develop the technology for market entry.
Zadient is MIG’s first investment in France and only the fourth portfolio company of MIG Fonds outside the German-speaking region, following Innatera (Netherlands, 2020), IQM (Finland, 2019) and Liva Healthcare (Denmark, 2019).
Read more at: Private Equity Wire
