AkzoNobel stated it acquired a stake in startup Qlayers.
Qlayers’ coating technologies provides a totally automated resolution that is safer, a lot more reliable and more quickly than the guide coating procedures utilised now in the market, according to AkzoNobel.
By eliminating overspray, it’s a sustainable alternative that saves expenditures, according to AkzoNobel.
“This collaboration with Qlayers is not only a strategic expense for AkzoNobel and our co-trader ECFG, but it’s also a win-get-gain for us all,” stated Menno van der Zalm, worldwide director Innovation at AkzoNobel. “It suits our vision to make the paints and coatings benefit chain much more sustainable and productive with modern solutions and remedies for our clients. ECFG is introducing another promising business to its portfolio. And Qlayers is now prepared to scale up and speed up its expansion. Doing work together, we’re heading to make development and be successful.”
Qlayers is part of AkzoNobel’s Paint the Upcoming collaborative innovation ecosystem and has been doing the job with the corporation at any time because earning a partnership settlement in its 2019 worldwide startup obstacle.
Qlayers’ technology has currently been made use of by consumers to successfully implement anti-corrosive coating devices on storage tanks, wherever the gain of automated application has enhanced worker basic safety and shipped elevated sustainability and method performance final results, in accordance to AkzoNobel.
“We’re thrilled that AkzoNobel and ECFG have made a decision to make this financial investment in our corporation,” states Josefien Groot, co-founder and CEO of Qlayers. “Our remedy is a exclusive technologies in the current market. This expenditure delivers us closer to our aspiration of a long term in which paints and coatings are utilized in a a lot more productive and sustainable way.”
AkzoNobel’s expenditure has been jointly created with ECFG’s Eindhoven Venture Money Fund II (EVCF II), an expense fund principally targeted on ground breaking small and medium enterprises (SMEs) with distinctive products/industry combinations.