DLA Piper advised Picosun raising 12 million euros in new financing

2 July 2019

DLA Piper advised Picosun Oy, a manufacturer of Atomic Layer Deposition (ALD) equipment, raising 12 million euros in new financing.

New investors are CapMan Growth fund, Finnish Industry Investment Oy, and Risto Siilasmaa’s First Fellow Partners. Earlier investors in Picosun Hannu Turunen, and R.Ruth Oy and company’s Board members Prof. Jorma Routti and Dr.Tech. Tuomo Suntola also made add-on investments. The family company of Kustaa Poutiainen, Stephen Industries Oy, remains the majority shareholder in the company.

The DLA Piper team comprised partner Janne Tuulos and senior counsel Salla Tuominen.