siOP­TICA, a com­pany spe­cial­ized in optics and a lead­ing sup­plier of switch­able pri­vacy solu­tions for cars, lap­tops, tablets, mobile phone and pay­ment ter­mi­nals, closed a new financ­ing round in the seven-digit range.

As new investors, Busi­ness angel Thomas Philip­piak and ELAS Tech­nolo­gies Invest­ment could be won. Com­ple­mented was this financ­ing round by the cur­rent share­holder and lead investor bm|t beteili­gungs­man­age­ment thürin­gen gmbh. In the search for new invest­ment, the siOP­TICA man­age­ment team was sup­ported by ven­ture forum neckar e.V.

The new invest­ment will give siOP­TICA the oppor­tu­nity to drive and accel­er­ate the launch of the new siOP­TICA tech­nol­ogy “siCURE”. With siCURE, siOP­TICA is the first to offer a switch­able pri­vacy solu­tion in the mar­ket that also can be applied with OLED displays.

The solu­tion has already been demon­strated at two inter­na­tional trade shows in Asia and USA, where it gen­er­ated big inter­est with poten­tial customers.

With this new tech­nol­ogy and the pos­si­bil­ity to also apply it on OLED dis­plays, siOP­TICA will have the chance to con­sid­er­ably increase its mar­ket share in the mar­ket of lap­tops, mobile devices, and tablet PCs.  Apart from this, there are already numer­ous requests from auto­mo­tive customers.

“I decided to invest in siOP­TICA, because I‘m con­vinced by the huge cus­tomer ben­e­fit of the siOP­TICA tech­nol­ogy. The con­ver­sa­tions with the group of share­hold­ers and man­age­ment have encour­aged me to become a mem­ber of this dynamic team” under­lined  Thomas Philippiak.

Torsten Vahrenkamp from  ELAS Tech­nolo­gies Invest­ments empha­sized: „ Already at our first meet­ing with the siOP­TICA man­age­ment we could feel the pas­sion with which siOP­TICA devel­ops and mar­kets its tech­nol­ogy. We are happy to sup­port this great team as investors.”

“Dur­ing the last cou­ple of month, we could see how strong the demand for the siOP­TICA tech­nol­ogy has increased. We are happy that this new invest­ment will enable siOP­TICA to suc­cess­fully launch the new tech­nol­ogy in the mar­ket” added Kevin Reader, CEO of bm‑t.

About siOPTICA:

siOP­TICA GmbH was founded in 2013 in Jena/Germany with the goal to estab­lish inno­v­a­tive and spe­cial solu­tions in the mar­ket, pri­mar­ily in the field of optics. The com­pany offers tech­nolo­gies in the field of switch­able pri­vacy fil­ters that can screen data from unau­tho­rized views on demand. siOPTICA’s solu­tions offer great advan­tages in the fields of auto­mo­tive, retail/ pay­ment ter­mi­nals,  data secu­rity as well as con­sumer devices.

siOP­TICA is a mem­ber of SID and DFF (Ger­man flat panel Asso­ci­a­tion),  Ger­man auto­mo­tive asso­ci­a­tion VDA, as well as in the pho­ton­ics net­work “Optonet e.V.“.

More infor­ma­tion about siOP­TICA can be found under http://www.sioptica.com

About ELAS Technologies Investment

ELAS Tech­nol­ogy Invest­ment GmbH (ELAS) is a Ger­man-based but glob­ally ori­ented finan­cial investor, with Head­quar­ters in Ham­burg in the north of Ger­many. ELAS has been cre­ated to pro­vide finan­cial agility and infra­struc­ture sup­port for promis­ing enti­ties and orga­ni­za­tions in the glob­ally favor­able pho­tonic and high-tech industries.

ELAS actively seeks invest­ment oppor­tu­ni­ties with start-ups and young com­pa­nies, regard­less of loca­tion, in par­tic­u­lar those with inno­v­a­tive tech­nolo­gies and dis­rup­tive prod­uct con­cepts for which iden­ti­fi­able mar­ket poten­tial already exists.

More infor­ma­tion about ELAS  can be found under  https://elas-investment.com

About bm|t

Erfurt-based bm|t is a sub­sidiary of the Thüringer Auf­baubank and the lead­ing address for equity invest­ments in Thürin­gen, Ger­many. bm|t cur­rently man­ages ten funds with a total vol­ume of around EUR 440 mil­lion, which invest in inno­v­a­tive com­pa­nies across almost all sec­tors and in all phases of com­pany development.

Fur­ther infor­ma­tion about bm|t is avail­able at: www.bm‑t.com

About venture forum neckar e.V.

ven­ture forum neckar has been founded in 2002 based on an ini­tia­tive of well known busi­ness indi­vid­u­als based in the region. The net­work sees itself as a net­work of busi­ness angels with actu­ally 42 active mem­bers, con­sist­ing of busi­ness angels, fam­ily offices and com­pa­nies. They are all dri­ven by the pas­sion to sup­port inno­v­a­tive com­pa­nies and their ideas with cap­i­tal and active engage­ment. Sup­port to start-ups is given with cap­i­tal, know how and by net­work­ing. By doing so, a sub­stan­tial added value is gen­er­ated in close cooperation.

More infor­ma­tion can be found under: https://www.vf‑n.de/