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ZEEUWS INVESTMENT FUND INVESTS IN MAGNETIC BV, UNIQUE SENSOR TECHNOLOGY

6/3/2015

 
MAGnetIC Zeeuws InvesteringsFonds
Data acquisition, signal processing, and the management of devices and processes is of increasing importance. Combined with the increasing interconnectedness of systems through network and IT technology, the ‘Internet of Things’ trend continues to develop. For example, the availability of information at high data rates across electronic currents is crucial in the optimal management of motors, and thus allows one to improve the efficiency of the green motor. Emerging markets are HV and EHV in automotive, as well as industrial robots. The trends in smart grid, with intelligent links between energy producers, users and ‘smart home’, require sensors to monitor and guide the flow of energy. As a result, the number of applications of sensors for electric currents is rapidly expanding. 

MAGnetIC responds to this opportunity in a smart way by delivering a unique (patented) technology: magnetic sensors that are completely integrated in a chip and that allow wireless electrical current to be measured. The products are small, reliable, programmable, and can be produced in large quantities.
With the participation of the ZIF, MAGnetIC has the resources to set up mass production and to further arrange the organization. With this, MAGnetIC aims to become a globally recognized developer and supplier of advanced micro-electronic sensor products.


Gert van der Horn, CTO MAGnetIC: “The chip industry has changed a lot during the last decade. The fear that the whole development would move to Asia is gone. Europe has maintained a leading position in the market. MAGnetIC products have a high technological standard, which is rooted in our many years of experience with designing microelectronics. Thanks to ZIF, we are now able to make the desired transition from design company to product company.” 

Johan Sebregts, fund manager at Zeeuws Investment Fund: ”This is the type of company and technology that perfectly complements ZIF’s ambitions. Thanks to our participation, we can now accurately anticipate huge market opportunities. Given the unique technology and the experienced and dedicated management team, we are confident that MAGnetIC will grow into a beautiful and valuable company.”

MAGnetIC BV was founded in 2013 and originated from SystematIC Design BV (1998), 
a company focused on designing high performance analog and mixed signal (combination of analog and digital) electronics.

More information about MAGnetIC.

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