YFM

Teraview is a pioneer and leader in Terahertz systems and solutions. YFM Equity Partners backs businesses at a transformational stage of their development and were delighted that through its national network an introduction was made to such an innovative company.

The Investment
Backed by a consortium of US, Asian and EU based investors, the investment will allow TeraView to accelerate the growth of its semiconductor, industrial and analytical business in Asia, the US and the EU. Key areas for focus include sales and marketing in Asia, as well as further product development in its semiconductor inspection market. Funding will also be used to enhance support and collaborations with existing customers in these markets.

Transformational Growth
This investment has been secured at a time when TeraView has successfully demonstrated Terahertz applications across a variety of different industries, and there is a growing business need for the unique capabilities of Terahertz light. This need is driven, for example, by the mobile phone and consumer electronics industries, which aim to overcome limitations in the speed and functionality of current integrated circuits (ICs).

“We are delighted to have attracted support from new investors, including some of our key customers. The geographical spread of our investors – US, Asia, EU - also reflects the global nature of our business. Customers are deploying our products at their production sites across the world, and this investment greatly enhances our ability to support those customers, as well as expand our product development and sales and marketing activities in strategic areas such as the Asian semiconductor market.”  Dr Don Arnone, CEO at TeraView

“We have been following TeraView’s progress for a number of years. As one of Britain’s most innovative technology businesses we are delighted that the opportunity has arisen for YFM Equity Partners’ funds to help accelerate its growth. We look forward to building our relationship with the Company and management team as they continue their international expansion working with major multinational clients.” David Livesley, Investment Director at YFM Equity Partners