VTT Ventures is pleased to announce the successful exit from Aivon Oy through
a Management Buy-out.
Aivon, a VTT spin-off, was founded in 2006. The company specializes in
ultrasensitive measurements especially with superconducting sensors and
low-noise readout electronics. In addition to standard sensors and electronics
Aivon offers custom design, fabrication, assembly and testing services.
Oy and VTT continue close cooperation in developing new technologies in the
field ultrasensitive measurements. The company also continues to use VTT’s
clean room facilities in its production.
”Aivon Oy currently
participates in several very demanding, even revolutionary development
projects in healthcare, security and research sectors. The bases for Aivon’s
technology was initially developed at VTT Technical Research Center of
Finland.”, comments Juha Koskinen, chairmain of the board, Aivon Oy.
Oy is one of the first investments in VTT Ventures’ portfolio. The outlook of
the business is promising. For VTT Ventures Aivon is already a success story.
We wish the management team every success for the future.” The CEO of VTT
Ventures, Antti Sinisalo, commented.
VTT Ventures home page
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.