Israel Funds Organic Semiconductor Development
The Nanolayers technology was developed by Dr Shlomo Yitzchaik of The Hebrew University of Jerusalem and licensed exclusively to Nanolayers by its technology transfer arm, Yissum.
Heznek is a government programme that matches investments dollar-for-dollar, up to $1mn, made by qualified venture capitalists. The government shares can subsequently be acquired by the investors, at the initial price, at any time within five years.
Nanolayers possesses a new organic chemical deposition process that is designed to create functional electronic components one molecular layer at a time. These layers are said to exhibit properties that compare with, and even surpass important elements of current inorganic manufacturing technology. Initial applications include flat panel displays and computer chips.