TeraView takes aim at the semiconductor market

Terahertz systems supplier TeraView (Cambridge, UK) has secured $5.5m of investment from a consortium of US, Asian and EU based institutional and corporate investors.

The investment will allow TeraView to accelerate the growth of its semiconductor, industrial and analytical business in Asia, the US and the EU.

The company plans to focus on selling and marketing its Terahertz systems in Asia, as well as developing products for the semiconductor inspection market. The funding will also be used to develop collaborations with existing customers.

The funding round was led by New Hill Management and Full Circle Investments in the US, together with YFM Equity Partners and Turquoise International in the UK and other investors. Turquoise International invested on behalf of the UK Low Carbon Initiative Fund (LCIF), based at the University of East Anglia.

TeraView was spun-out of the Toshiba Cambridge Research Laboratory in April 2001. Sales and support are available throughout Europe, North America and the Far East either directly or through a network of distributors.

-- By Dave Wilson, Senior Editor, Vision Systems Design