Jolt Capital leads €15M in financing in laser marking and engraving provider 4JET
Laser marking and engraving provider 4JET has announced a €15 million growth capital investment led by Jolt Capital.
Laser marking and engraving provider 4JET (Alsdorf, Germany) has announced a €15 million growth capital investment led by Jolt Capital (Paris, France) in which Jolt Capital will join shareholders e-Capital and 4JET's CEO and founder Jörg Jetter to further scale the company.
4JET, through its subsidiaries 4JET Technologies and 4JET microtech, develops advanced process technology and integrated production systems for laser surface processing, with a focus on technical glass, automotive components, and tires. The investment is primarily geared towards allowing the company to further expand its global delivery platforms for sales and service, and also to accelerate its very promising development initiatives.
In parallel to the injection of new 'smart' capital to reinforce 4JET, a corporate reorganization has also been completed to further foster efficiency in the next stage of the company's development.
Driven by multiple underlying trends towards increased usage of functional glass coatings, a push for tire traceability, as well as a steady rise in the number of use cases for laser cleaning technology, both divisions of 4JET will contribute to a 40% growth in revenues for 2018, with 2019 expected to be another bumper year.
Founded in 2006, 4JET currently employs around 130 staff across Germany, China, and the U.S., who have together installed over 400 laser machines in about 40 countries.
A pioneer in laser material processing in the automotive sector, 4JET Technologies serves most large tire makers with solutions for tire marking, tire mold cleaning, and other customized solutions. Clients also include large OEMs and automotive suppliers. A specialist in micromachining systems since 2015, 4JET microtech supplies laser systems for processing technical glass, solar cells and other high-tech components. 4JET microtech also runs a laser micromachining job shop in Prutting, Germany, that showcases its latest technology.
For more information, please visit www.4jet.de.