Panasonic, a New York-listed, Japan-based consumer electronics maker, has invested an undisclosed amount in Alchimer from its corporate venturing unit.
France-based Alchimer provides nanometric deposition technology for semiconductor interconnects.
"Throughout the electronics supply chain, manufacturers are increasingly in need of high-quality nanometric metal films that can be mass-produced at low cost," said Patrick Suel, venture partner with Panasonic Venture Group. "We see this at the wafer level, on substrates, and in 3D packaging, which is emerging as an important technology to lower costs for future ICs and systems."
In June last year, Alchimer raised $10m in its series D round from previous and new investors, including German insurer Allianz’s AGF venture capital group, venture capital firm Emertec Gestion and CEA Investissement, the investment arm of the eponymous French government-funded technological research organisation.
Alchimer spun out of CEA.