Xnovo Tech, a Danish innovator in advanced imaging methods and materials characterization, has been acquired by RAITH Group, a global leader in maskless nanofabrication systems. The acquisition strengthens RAITH’s software competencies, expands its industry footprint, and introduces AI-enabled solutions to its customer base.
Founded in 2012 as a spin-out from Denmark Technical University (DTU), Xnovo has earned recognition for its cutting-edge imaging technologies and employs 32 staff members at its headquarters in Køge south of Copenhagen. The company’s leadership, including co-founders Erik Lauridsen and Christian Holzner, will remain instrumental in driving the company’s innovation under RAITH’s ownership.
RAITH CEO Michael Steigerwald underscored the strategic importance of the acquisition:
“We are thrilled to welcome Xnovo to RAITH, a move that aligns perfectly with our strategic vision of challenging the frontiers of nanotechnology and breaking into new dimensions by enhancing our ability to innovate and deliver exceptional value to our customers,”
Michael Steigerwald said.
The integration of Xnovo’s technologies will empower RAITH to address emerging application needs through modern AI-driven software solutions, streamlining workflows for its global customer base.
“This acquisition gives us the opportunity to scale our impact while staying true to our core mission—developing innovative imaging and analysis solutions,”
adds Christian Holzner of Xnovo.
Xnovo’s expertise in advanced materials characterization complements RAITH’s portfolio, enabling the combined group to deliver innovative solutions for nanofabrication and imaging challenges. The acquisition also signifies a broadened industry reach and enhanced resources to tackle the evolving demands of nanotechnology.
RAITH Group is headquartered in Dortmund, Germany, and is a portfolio company of capiton, an independent, owner-managed private equity firm that manages a total fund volume of €1.6 billion. The investment portfolio of capiton AG currently comprises 19 medium-sized companies.
The post Xnovo Tech Acquired by RAITH Group, Expanding AI Solutions in Nanotechnology appeared first on Øresund Startups.
