Eindhoven-based Keiron raises €10M to launch world’s first industrialised LiFT printer

Eindhoven-based Keiron Printing Technologies, a company specialised in Laser-induced Forward Transfer (LIFT) technology, announced that it has topped up the Seed round with an additional €2.3M, bringing the total to €10M.

The investment was led by deep-tech venture capital firms DeepTechXL and Cottonwood Technology Fund, with participation from TNO Ventures and Innovation Credit.

DeepTechXL was launched in 2022 with ASML, Philips, pension fund PME, Invest-NL, Brabantse OntwikkelingsMaatschappij (BOM), TNO, and various family offices. 

They follow a life cycle approach, supporting entrepreneurs and innovative companies from seed to follow-on investments (Series A/B/C), ultimately charting the best strategic path for the company after 5 to 10 years.

“Keiron’s LIFT Solder paste printing approach offers a rare combination of flexibility, precision, and scalability,” said Guus Frericks, Partner at DeepTechXL.

“It’s the type of foundational innovation that will reshape how complex electronics are manufactured, while strengthening the technological sovereignty and security of both Europe and the United States,” adds Frericks.

The announcement comes six months after raising €1.5M from a US-Dutch-based venture capital firm Cottonwood Technology Fund.

Fund utilisation

The funding will help the Dutch company to launch the world’s first industrialised HF2 LiFT Printer.

The company will use the capital to scale production to deliver systems that have already been secured in Europe and the US.

Furthermore, the company is expanding its research and development (R&D) and operations to advance electronics manufacturing.

“This round marks a breakthrough moment for Keiron,” says Paul Rooimans, CEO of Keiron Printing Technologies. “The new funding will fast-track the installation of Keiron’s first-of-its-kind industrialised system worldwide – the HF2 LiFT Printer, while expanding R&D and operations and scaling production to deliver multiple systems already secured by leading customers in Europe and the United States.”

Keiron Printing Technologies: Pioneering LIFT

Keiron Printing Technologies was founded in 2019 as a spin-off from TNO Holst Centre.

Led by Paul Rooimans, Keiron Printing Technologies is developing digital LIFT (Laser Induced Forward Transfer) solder paste precision printing systems for the electronics manufacturing industry.

The company’s technology supports smaller designs and the integration of AI components into PCB assemblies.

As a result, it eliminates the need for stencils and tooling, enabling fast changeovers, higher yield, more output and improved volume control.

Additionally, it enhances security and independence for the European and US markets, providing flexibility for industries such as aerospace, defence, medical, and space, where reliability is essential.

Keiron is backed by strategic partnerships with industry leaders such as ASML, TNO, Holst Centre, and VDL TPB Electronics.