Amsterdam August 5, 2022 – Holland Capital is investing in Kriya Materials (Kriya), a leading developer of advanced nanotechnology-based custom coating solutions. The funding will be used to accelerate international expansion.
Advanced coating solutions
Kriya specializes in developing, manufacturing and selling customized multifunctional coating solutions for many industrial applications. Kriya supplies its products to manufacturers of LCD screens and solar panels, as well as to the glass- and foil industry, among others. Based on patented nanoparticles and the expertise to create multifunctional coatings, Kriya enables customers to optimize the performance of their products, generate or save energy, and reduce the carbon footprint of their products in various ways.
Investment for growth
Holland Capital’s financing will enable Kriya to further strengthen its activities in Asia and to move into a new production site in South-Limburg. In addition, Valentijn van Velthoven, former Managing Director at Boschman Technologies and former VP Alpha Assembly Solutions, will use his knowledge and experience, particularly acquired in Asia, to help realize Kriya’s growth ambitions.
Roel Huis in ‘t Veld, CEO Kriya Materials, says “Holland Capital has the right expertise to realize our growth ambitions. I look forward to a pleasant cooperation with Holland Capital and Valentijn to realize our goals”.
Jan-Frens van Giessel, partner Holland Capital, says “We are impressed with the qualities of the team and the commercial traction Kriya has with leading international parties in various industries. We are convinced that with the right focus Kriya can become the market leader in optical multi-functional coatings.”
Valentijn van Velthoven, says “Kriya’s unique technology and deep know-how of end-applications enables customers to develop innovative solutions that combine ‘best in class functionality’ with proven CO2 emission reductions. This combination is essential for the emerging materials transition of many industries, including consumer electronics, automotive and photovoltaics. We therefore strongly believe in the potential of Kriya and the possibilities to further expand this success.”
About Kriya
Kriya was founded in 2006, and is based in Geleen. The portfolio of products consists of customized products with various properties, anti-reflection, dirt-repellent, anti-static, near-infrared light-repellent or scratch-resistant systems are some examples. For instance, the coating boosts the energy generation of solar panels or improves the readability of displays.
About Holland Capital
Over the past 40 years, Holland Capital has responsibly and successfully invested in over more than 150 SME-companies. With a clear investment strategy Holland Capital is active in the attractive growth markets of Healthcare and Technology. Holland Capital’s experienced and committed investment team understand entrepreneurship. They aim to establish an open, sustainable, and professional relationship with the companies they invest in, with the common goal of achieving growth. Holland Capital is backed by a broad network of successful Healthcare and Technology entrepreneurs.
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