Schunk has agreed to acquire a majority stake in Fraunhofer spinout Pulsar Photonics, which produces ultrashort-pulse laser technology.
Pulsar Photonics, a Germany-based laser technology spinout of Fraunhofer Institute for Laser Technology, has been acquired by diversified technology group Schunk.
Founded in 2013, Pulsar Photonics produces machines and systems for materials processing with short and ultrashort-pulse laser technology. Schunk will integrate Pulsar’s technology to improve its manufacturing processes and develop new products.
High-Tech Gründerfonds previously invested an undisclosed amount of seed funding in March 2016, seemingly Pulsar’s only funding round.
Jens Holtkamp, a founding managing director…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
