Luminate NY Spotlight: LIDROTEC Reduces High Waste in the Microchip Manufacturing Process
Via the Rochester Business Journal
LIDROTEC is one of 10 startups from around the world working with the Luminate NY accelerator at NextCorps in downtown Rochester. These companies are helping to write the next chapter in Rochester’s history as the world’s center for optics, photonics, and imaging (OPI).
Each company in Luminate’s cohort 5 received an initial investment of $100,000 and is participating in the six-month program, which helps the selected companies speed the commercialization of their technologies and businesses. On October 19, at Finals 2022 at the Rochester Riverside Convention Center, they will compete for up to $2 million in follow-on investment. Funding for the $25 million program is being provided through Empire State Development’s Finger Lakes Forward Upstate Revitalization Initiative.
“LIDROTEC is harnessing optics technology to address the ongoing global semiconductor microchip shortage. Its work in the Luminate program will help to alleviate waste in the manufacturing process through a new and better chip-cutting process,” said Dr. Sujatha Ramanujan, managing director of Luminate.
We caught up with Alexander Igelmann, Co-founder and CEO, to discuss the company’s unique and innovative laser dicing technology.
Tell us about your company.
LIDROTEC provides wafer dicing laser machines that use ultrashort laser pulses in a liquid environment to cut semiconductors. Our technology reduces the material waste rate in the cutting process, which is currently up to 10 percent, to virtually zero percent, helping semiconductor manufacturers cut costs and increase their productivity. In the future, other markets, including medical technology and aerospace, will also be able to transform their work with our machines.