TEL Venture Capital Inc. invests in PML of the Haifa Technion

TEL Venture Capital Inc. invests in PML of the Haifa Technion

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TEL Venture Capital Fund (TVC) the US-based venture capital arm of the semiconductor equipment manufacturer Tokyo Electron Ltd. (TEL) and PML have signed in the spring of 2013 a strategic investment agreement in which TVC has become a shareholder at PML

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PML has developed and patented a breakthrough in-process nano particle analyzer. This analyzer is capable to measure particle sizes down to the nanometer range, and their concentration. It can also differentiate among distinct particle populations according to their optical properties, in fluids such as oil and water and in an air environment

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PML’s new nano analyzer provides greater accuracy, reliability and responsiveness which will make industrial processors more efficient, improve the quality of their processes and reduce their energy consumption and overall impact on the environment

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PML’s technology uses a unique structured laser beam, scanning at high speed across the sample coupled with artificial intelligence, making this a unique nano particle in-process analyzer. Patented technology with capability to apply it in a wide range of industrial applications creates substantial commercial value for the customers

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PML operates and is located in both, Edmonton, Alberta Canada, and Haifa, Israel, and is controlled by Alberta Nano-Monitoring Systems Ltd

This is the first direct investment of TVC into an Israeli Start up. HIH is the SOLE service contracted company with TVC in Israel