POLLEN Metrology Raises $2.4 Million to Support Smart Factories Globally
The Start-Up Receives Equity Financing from XAnge and Kreaxi to Accelerate the Company’s Roadmap, Add New Capabilities, and Address Different Nanomaterial Applications
French start-up POLLEN Metrology, the first “smart process-control” software company to accelerate the manufacturing of high-performing materials, today announced that it has received its first round of funding from investment management firms XAnge and Kreaxi, as well as from private and public funds. POLLEN will use the money raised to accelerate the roadmap of its software, PLATYPUSTM, and add new capabilities for different high-performing materials applications such as semiconductor, energy, powder metallurgy, and pharmaceutical. PLATYPUSTM improves manufacturing yields, drastically reduces research and development (R&D) costs, hastens the development of new processes, and tracks defects from the early R&D stages to high-volume manufacturing.