# NIL Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nil-technology-aps

- Industry: Electronics
- Headquarters: Denmark
- Website: www.nilt.com
- Total disclosed funding: $64M
- Latest round: Series C (May 7, 2024)
- Investors on record: 6

## About

Established in 2006 and based in Kongens Lyngby, Denmark, NIL Technology ApS is a supplier of solutions for advanced optical components. The company serves its clients from the initial idea, to proof-of-concept, design, manufacturing, and mass production. The company staffs over 100 employees represented by over 22 nationalities across offices located in Kongens Lyngby, Horgen, Switzerland, and Gothenburg, Sweden. NILT’s optical solutions can be used for 3D sensing, consumer electronics, AR/MR Display, Internet of Things, Robotics, and automotive applications. In 2021, NIL Technology ApS raised USD 31 million in venture funding co-led by returning investors Jolt Capital and NGP Capital, with participation from returning and new investors.

The company’s core business is optical design, prototyping, mastering, and mass production of optical components. The company also develops high-technology solutions for biotech, space applications, packaging of consumer products, and renewable energy among others. NILT offers advanced nanostructured masters for various replication technologies, including nanoimprint, UV-replication, hot embossing, roll printing, and injection molding.

The company’s portfolio of products includes optical components and elements, waveguides for AR (Augmented Reality) and MR (Mixed Reality), masters and sub-masters with a wide range of structures, form factors, and materials, and a desktop nanoimprint tool for replication of micro and nanoscale structures. The company’s technology includes diffractive optical elements, metalenses, gratings, blazed gratings, slanted gratings, microlens arrays, and optical design and testing as well as micro and nanostructuring technologies.

## Funding rounds

- Series C, May 7, 2024, $31M — NGP Capital, Jolt Capital, Swisscanto, Export and Investment Fund of Denmark
- Series B, Feb 24, 2021, $33M — NGP Capital, Vaekstfonden, Jolt Capital, Swisscanto, European Innovation Council

## Investors

- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series B, Series C
- Vaekstfonden (https://capitalatlas.ai/funds/vaekstfonden) — Series B
- Jolt Capital (https://capitalatlas.ai/funds/jolt-capital) — Series B, Series C
- Swisscanto (https://capitalatlas.ai/funds/swisscanto) — Series B, Series C
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series B
- Export and Investment Fund of Denmark (https://capitalatlas.ai/funds/export-and-investment-fund-of-denmark) — Series C