VTT Ventures invests in a novel promising touch panel technology
Touch screen technology in device user interfaces is winning ground in multiple domains, spanning from mobile phones and tablet devices to industrial applications and consumer electronics. Today touch panel market is estimated to be $8 billion and grows rapidly. VTT Ventures’ recently established spinoff TactoTek utilizes Frustrated Total Internal Reflection (FTIR) technique combined with novel and cost effective printed electronics manufacturing methods to develop and manufacture touch panels for mainstream applications.
The key VTT invention relates to manufacturing process, which allows FTIR touch panels to be curved in shape and seamlessly integrated into a larger device part, such as device cover, opening completely new integration possibilities and reducing total application cost. Performance-wise FTIR is on par with current mainstream technology.
TactoTek is already discussing with customers in the mobile, automotive and industrial domains.
TactoTek founding team is Juha Salo, Antti Keränen and Mikko Heikkinen. Juha has a Nokia background whereas Antti and Mikko have VTT background and have been developing the technology.
VTT Ventures Ltd.’s mission is to focus on extracting value from VTT technology in developing VTT based high-tech companies with international growth potential. The company actively seeks talented and experienced entrepreneurs to champion the commercialization of its technology. VTT Ventures provides the entrepreneurs with professional business development support together with its public and private innovation partners to facilitate the spin-off process from business planning to funding. VTT Ventures co-invests in its spin-offs with private investors. VTT Ventures’s goal is to stimulate innovation in Finland and to receive a return on its pre-seed and seed capital investments. VTT Ventures’s spin-off portfolio includes 20 technology companies. For more information: www.ventures.fi
Juha Salo, CEO, TactoTek Oy
+358 20 722
Antti Keränen, CTO, TactoTek Oy
+358 20 722
Erkki Aaltonen, VTT Ventures Oy
+358 40 073 6783