# Siltectra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/siltectra

- Industry: Electronics
- Headquarters: Dresden, Germany
- Website: www.siltectra.com/en
- Total disclosed funding: $14M
- Latest round: Series B (Dec 22, 2017)
- Investors on record: 4

## About

Siltectra GmbH specializes in advanced laser-based splitting technologies, particularly the SILTECTRA™ cold split method, which optimizes the division of crystalline materials, notably Silicon Carbide, with minimal loss.Founded in 2010 in Dresden, Germany, Siltectra GmbH operates in the precision fabrication sector, utilizing innovative laser-based techniques for material separation. The company underwent a significant transition when it was acquired by Boyd Corporation, a portfolio company of Goldman Sachs Merchant Banking Division, on October 20, 2021, for EUR 124.00 mn. The leadership includes CEO Torsten Herrich, who has extensive experience in the semiconductor industry.Siltectra GmbH specializes in laser-based splitting technologies, particularly its innovative SILTECTRA™ cold split technology, designed to split crystalline materials like Silicon Carbide (SiC) with minimal material loss. This technology employs a chemical-physical process leveraging thermal stress for precise splitting along designated planes, which results in virtually no kerf loss, significantly improving upon traditional sawing methods. The technology facilitates more efficient extraction of wafers per boule, enhancing production efficiency and reducing cost of consumables. Its primary clientele includes manufacturers and developers in the semiconductor and renewable energy sectors, specifically targeting applications in solar inverters. Siltectra's technology is increasingly sought after in Europe and North America, driven by the rising demand for SiC products in areas such as electro-mobility and high-efficiency energy solutions.Siltectra GmbH generates revenue through direct sales of its SILTECTRA™ technology and associated services to clients in the semiconductor and renewable energy industries. The company engages in B2B agreements where customers procure tailored technology solutions and support services according to their specific production requirements. Pricing structures are project-based and customized, focusing on the growing demand for efficient wafering solutions as industries aim to improve productivity and sustainability. As of 2019, the company's EBITDA was EUR 537,861.50, reflecting its operational efficiency in a competitive market.Following its recent acquisition in October 2021, Siltectra GmbH plans to leverage additional capabilities and innovation to expand its presence in the European market. The integration into Boyd Corporation is expected to streamline operations and enhance product offerings. Details on upcoming product launches and specific timelines are currently not disclosed, but the strategic alignment with Boyd aims to bolster market penetration and develop newer technologies that meet evolving industry demands.

## Funding rounds

- Series B, Dec 22, 2017, $4.6M — Global Asset Capital, MIG Capital, Blue Wonder! BV
- Series B, Mar 23, 2017, $2.8M — MIG Capital, Global Asset Fund, Blue Wonder! BV
- Series B, Apr 15, 2016, $1.7M — MIG Capital, Global Asset Fund
- Series B, Jul 8, 2015, $1.7M — MIG Capital
- Series A, Jun 30, 2014, $1M — MIG Capital, Global Asset Fund
- Series A, Apr 13, 2013, $2.2M — MIG Capital, Global Asset Fund

## Investors

- MIG Capital (https://capitalatlas.ai/funds/mig-capital) — Series A, Series B
- Global Asset Fund — Series A, Series B
- Blue Wonder! BV — Series B
- Global Asset Capital (https://capitalatlas.ai/funds/global-asset-capital) — Series B