A Durham-based start-up is developing a new process to manufacture electronics devices on synthetic diamonds.<\/p>\n
Evince Technology has raised \u00a3525k through private investment and Innovate UK match-funding.\u00a0It will use the funds to further develop its technology and grow from demonstration to pilot phase in 2021.<\/p>\n
Evince Technology claims to be developing breakthrough electron devices using synthetic-diamond \u2013 considered by many to be the ultimate material for electronics. But despite its huge undoubted potential, technologists have struggled to find a commercially viable way of making practical diamond devices. Until now that is. Using modern semiconductor manufacturing techniques, coupled with the company’s proprietary Embedded Electron Emission technology, the team makes solid-state electron devices and sources at the microelectronic scale. These unite the best characteristics of valves with the efficiencies of modern semiconductors. By fully exploiting diamond’s unique properties, our devices promise performance levels that far outstrip anything available today.<\/p>\n
\u201cEvince Technology is poised to deliver the first major breakthrough to the component technology that sits at the heart of every x-ray system,\u201d explained Gareth Taylor, founder and CEO of Evince Technology.<\/p>\n
\u201cThis investment and Innovate UK match funding will bring us closer to realising innovative synthetic diamond-based products that could set new cost, performance and energy-efficiency standards within the sector. We\u2019re very grateful for the support from NorthInvest and the Innovation SuperNetwork so far, as well as the ongoing support from our existing and new investors.\u201d<\/p>\n
The fundraise includes \u00a3375,000 of new equity from private investors matched with \u00a3150,000 of Innovate UK grant funding awarded through the Regional Angel Investment Accelerator (RAIA) programme.<\/p>\n
\u201cWe\u2019re delighted to support Evince Technology in securing this funding,\u201d added Jordan Dargue, Investment Director at NorthInvest and Innovate UK Fund Lead.<\/p>\n
\u201cFounder Gareth Taylor and his experienced team have succeeded in finding a commercially viable, and potentially revolutionary, method of integrating diamond\u2019s unique properties into electron devices using their proprietary technology. Evince is yet another successful example of the highly innovative businesses that the RAIA programme with Innovate UK enables.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
A Durham-based start-up is developing a new process to manufacture electronics devices on synthetic diamonds. Evince Technology has raised \u00a3525k through private investment and Innovate UK match-funding.\u00a0It will use the funds to further develop its technology and grow from demonstration to pilot phase in 2021. Evince Technology claims to be developing breakthrough electron devices using […]<\/p>\n","protected":false},"author":1,"featured_media":4490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,18,31],"tags":[75],"class_list":["post-1558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electronics","category-funding","category-tech-sparx","tag-durham"],"yoast_head":"\n