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Comptek Secures $8.7M Series A Funding

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University of Turku (Finland) spinout Comptek Solutions has secured an €8 million ($8.7 million) series A funding round that will allow the company to expand its team and technology portfolio. The company is focused on passivation for compound semiconductor devices with applications in optoelectronics and power electronics. Specifically, the technology could prove useful in the adoption of technologies such as 5G/6G communications, AR and VR, Internet of Things, and quantum computing. The funding round saw participation from the Horizon Europe EIC Fund and LIFTT SpA, a deep-tech-focused venture capital firm. Comptek Solutions received a €2.45 million grant in 2022 from the EIC Accelerator.
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Published: August 2023
Glossary
semiconductor
A semiconductor is a type of material that has electrical conductivity between that of a conductor and an insulator. In other words, semiconductors have properties that are intermediate between metals (good conductors of electricity) and insulators (poor conductors of electricity). The conductivity of a semiconductor can be controlled and modified by factors such as temperature, impurities, or an applied electric field. The most common semiconductors are crystalline solids, and they are...
optoelectronics
Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
BusinessfundingSeries AComptek SolutionsstartupsemiconductorpassivationmanufacturingfabricationEuropeFinlandUniversity of TurkuEIC Acceleratoroptoelectronics6G5GARVRIOTquantum computing

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