Imprint litho firm secures more funding

April 4, 2007 – Molecular Imprints Inc. says it has secured $8.5 million in venture debt financing from BlueCrest Capital Finance LP, an investment that will support continued development and commercialization of the company’s step-and-flash imprint lithography technology.

The additional financing, which follows a $17 million partial round of Series C financing from several sources in Sept. 2005 (including Dai Nippon Printing Co and Motorola’s VC arm), also will help reduce MII’s overall cost of capital and minimize investor dilution, according to company CEO Melliar-Smith, in a statement.

“We continue to make excellent progress in all phases of our business including a growing level of customer interest and engagement,” with system sales to customers in the semiconductor and hard disk drive markets,” Melliar-Smith said.

MII claims its “S-FIL” technology is a room-temperature, low-pressure noncontact imprint process that can deliver sub-50nm resolution with the precision and CD control of e-beam lithography, and has been demonstrated down to sub-20nm resolution.


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