VUV Analytics Raises $6.5M

What does VUV Analytics do?

VUV Analytics, is the leader in vacuum ultraviolet absorption spectroscopy. The company develops vacuum UV optical technologies available for use in environmental and life sciences. The company is a spin-off from semiconductor equipment company. The 5 company founders bring with them unique and critical details related to the software, hardware, analysis, marketing and intellectual property associated with VUV technologies. The team’s past success in pioneering VUV reflectometry for use in semiconductor metrology field yielded many extensive IP portfolio and key market wins, including thirty-two issued patents and twelve pending patents.

How much VUV Analytics was funded?

VUV Analytics raised $6.5M in Series B on August 18, 2016 from S3 Ventures and New Science Ventures

Previous funding

$5.8M in Series A on May 21, 2014 from S3 Ventures

$3.2M in Series A on April 7, 2015 from S3 Ventures

What is next for VUV Analytics?

The company plans to use the latest funding raised for expanding its markets and technology reach from a strong point in fuels refining and chemical production. Given the company’s raising revenue and capital efficient business model, the company expects that this capital will make the company self sustaining. Vivek Mohindra, partner at New Science Ventures, a lead investor of the latest funding round, has joined the company’s board of directors.

More about VUV Analytics

VUV Analytics was founded in 2009 by Clark Jernigan. It has its headquarters in Austin, TX. The company is the leader in VUV absorption spectroscopy. The company’s products have claimed the award of ” Best New Analytical Instrument” award at the Gulf Coast Conference. The company has developed a platform technology which is presently being adopted in diverse markets from petrochemical and refining to food and life science. The company develops VUV optical technologies available for use in environmental and life sciences.