COLLEGE PARK, MD—Pixelligent Technologies, a company developing nanotechnology applications in optical lithography and nanocomposites for the semiconductor and microelectronics markets, has raised a $2 million round from angel investors, a West Coast entrepreneur, and the company’s management team.
“We were one of the first to recognize the potential of using nanotechnology in critical optical lithography applications for the semiconductor industry and we are now expanding this technology into other related fields,” said Greg Cooper, PhD, President of Pixelligent.
“This funding, in combination with the support we have received from federal grant programs, has enabled us to support our world class nanotechnology team and move our technology closer to the market.”
The company says its technologies extend the use of current chip manufacturing technology, promising improved performance and cost savings for chip makers.
Its Reversible Contrast Enhancement Layer is a liquid-based lithographic solution which contains dispersed nanocrystals that act to focus light. This improves the resolution of lithography, enabling more transistors to be printed on each chip.
It also developed a process to enhance phtoelectrochemical hydrogen production while increasing the reliability of the process. This breakthrough could result in significantly cheaper fuel that could be used in many applications including, powering vehicles.
Founded in 2000, Pixelligent was named Maryland Incubator Company of the year in 2005. It has won millions of federal grant funding dollars from the National Institute of Standards, the National Science Foundation and the Small Business Innovation Research program.
Headquarted in the University of Maryland incubator building, Pixelligent has a team of ten PHD experts in nanotechnology who have published more than 200 peer reviewed papers and articles.
Online: www.pixelligent.com
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