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Deep tech

Leading the world in metrology: investing in the innovative future of the Netherlands

Approach

Direct investment

Date

December 2, 2021

Reading time

6 minutes

The Netherlands is known as the birthplace of various innovations in the high-tech sector. With the investment in high-tech scale-up Nearfield Instruments, Invest-NL demonstrates its commitment to maintaining this reputation. Hamed Sadeghian (co-founder and CEO of Nearfield Instruments) and Ruud Zandvliet (Investment Principal at Invest-NL) are working together on the innovative future of the Netherlands.

Nearfield Instruments is a high-tech scale-up active in the semiconductor industry. The company develops and supplies groundbreaking measurement solutions capable of assessing critical 3D nanostructures in a non-destructive manner during the manufacturing process of microchips. Measuring these structures is essential to produce good chips.

The technology developed by Nearfield Instruments is based on the so-called Scanning Probe Microscopy (SPM), which scans the surface of chips in three dimensions with an atomically sharp probe. Nearfield Instruments has improved and refined SPM to achieve significant measurement speeds and to non-destructively measure complex 3D chip structures. This gives Nearfield Instruments a unique position in the industry: current competitors cannot perform complete 3D measurements, or at least not in a non-destructive way.

Together with Nearfield Instruments, we are pleased to advance the semiconductor industry by one step and move towards a sustainable industry.


Ruud Zandvliet

Investment Principal

The products of Nearfield Instruments are complex. Hamed puts this into everyday practice: “Our customers are semiconductor manufacturers. They use our products to achieve higher manufacturing yields of semiconductor chips (or integrated circuits, IC), to increase the overall profitability of the IC production process, and to improve IC quality. Practical examples that require these improvements include extending the battery life of mobile phones or speeding up functions of a laptop or object detection and reaction time in autonomous vehicles such as self-driving cars. But also reducing the ecological footprint of data centres, which currently account for about one percent of the world's total energy consumption. If all those servers ran on 3 nm-based processors, significantly fewer servers would be needed. The vast majority of data centres currently operate on 7 nm or larger nodes."""

Ruud: “Then you make a large-scale impact. With our investment, we are happy to contribute to achieving this goal. Together with Nearfield Instruments, we are eager to advance the semiconductor industry and move towards a more sustainable industry.”

Nearfield Instruments aims to become a leading supplier of semiconductor metrology equipment worldwide. Nearfield Instruments works closely with the well-developed high-tech ecosystem in the Netherlands. The company operates from Rotterdam (head office) and Eindhoven (High Tech Campus). Additionally, the company works on customer sites with local support teams. Currently, there are 120 employees. Invest-NL is investing € 10.5 million in Nearfield Instruments. The investment is part of a larger funding round, in which Invest-NL and Innovation Industries are investing a total of € 17.5 million.

If you do something quite complex, there are quite a few puzzle pieces that need to fall into place to have any chance of success


Hamed Sadeghian

Co-founder and CEO of Nearfield Instruments

Hamed talks about the investment: “As a rapidly growing company, we are pleased with this investment. We can now quickly further develop Nearfield Instruments; we will expand our team with even more top talent, increase our production capacity, and strengthen our position by bringing to market our second product; non-destructive subsurface nanometrology, allowing our customers to measure critical structures beneath the surface of a chip in a non-destructive manner. Think of it as a marble run: at the top, everything can roll perfectly, but if the track at the bottom is broken or too narrow, the marbles cannot roll through. Chip manufacturers want to check whether all routes at all levels are in order without having to disassemble the entire track first. With our second product, our customers do not have to sacrifice chips and complete wafers to measure whether their production process is still operating correctly. This saves time but also prevents waste of materials and economic value. With this investment, we can further increase our impact in the market.” 


Ruud comments: "Actually, we realised immediately after our first meeting with the team of Nearfield Instruments that we had something special in our hands. The technology that Nearfield Instruments is working on is extremely complex, and it took us quite some time to understand it. But the team at Nearfield Instruments really stood out because they know exactly what they are talking about. The team is working on a unique product, has gathered the right partners around them, and has a clear plan. When you're doing something as complex as this, there are quite a few puzzle pieces that need to fall into place to even have a chance of success. At Nearfield Instruments, it quickly became clear that all the ingredients were there.”

The collaboration between Invest-NL and Nearfield Instruments is intensive. Hamed was positively surprised by how Invest-NL approached things: “Invest-NL is genuinely interested in the company and the people. They work very thoroughly. And although they don't take the lead in investments, they are very critical in understanding all aspects of the business proposition in detail. This is especially evident during the due diligence phase.”

Ruud found the collaboration inspiring: “It is a privilege to be part of an ambitious team that is working on something unique. I also need to be honest. Sometimes the collaboration can be challenging, and we sometimes clash. But that’s part of the process.”

The relationship between Invest-NL and Nearfield Instruments will further develop in the future. Hamed: “The goals of Nearfield Instruments and Invest-NL align: enabling increased yield in the production of the next generation of chips. Higher production yield means less material waste, and next-gen production also means even more energy-efficient chips. The next step in our relationship is to develop a common language. Like in any relationship, communication is key to supporting, challenging, and bringing out the best in each other.” Ruud fully agrees: “We want to make an impact together. The future for the relationship between Invest-NL and Nearfield Instruments looks very promising. Significant investments will still be needed before Nearfield Instruments can meet its own financial needs. It is Invest-NL’s intention to support Nearfield Instruments until that moment.”

The investments in Nearfield are therefore not only in the company and its products but also an investment in the high-tech ecosystem in the Netherlands.


Hamed Sadeghian

Co-founder and CEO of Nearfield Instruments

In the sector in which Nearfield Instruments operates, everything revolves around networks and collaboration. The challenges cannot be solved by one party alone. Hamed: “This means that from the very beginning of Nearfield Instruments, we have been working closely with the first-class high-tech supply chain in the Netherlands. In our first year alone, we created and filled jobs for more than 100 people. At Nearfield Instruments itself and with collaborative partners — and more importantly — we have made each other smarter. The investment in Nearfield Instruments is therefore not only in the company and its products but also an investment in the high-tech ecosystem in the Netherlands. Investing in deeptech is investing in profound knowledge!”

Questions about this investment? Ruud is happy to help!

Ruud Zandvliet

investment principal

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