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AVACO designs, develops, and manufactures highly specialized equipment essential for advanced manufacturing processes in several key industries. The company’s core offerings include in-line sputters, vacuum systems, OLED systems, and various automation tools like stockers and loaders. These products leverage high vacuum technology and are integral to the production of flat panel displays, semiconductors, and secondary batteries, providing critical infrastructure for modern electronic components.
AVACO Co., Ltd. was established in January 2000 in South Korea, with Kwang-Hyun Kim serving as CEO and Jimmy Wee as Chairman. The company's inception was driven by the recognition for robust, precision equipment necessary to support the rapidly expanding high-tech manufacturing landscape, particularly within the display and semiconductor sectors. This foundational insight centered on providing comprehensive and integrated equipment solutions to address complex production demands.
The company primarily serves manufacturers within the display, semiconductor, secondary battery, and broader microelectronic industries. These clients rely on AVACO’s sophisticated machinery to achieve precise, high-volume production of their advanced products. AVACO’s vision is to continually evolve as a comprehensive equipment provider, developing and delivering core technologies that empower the next generation of industrial innovation and enable the future of electronics manufacturing.
AVACO has 1 tracked investment across 1 company. The latest tracked deal is $130.0M Other Equity in Stion in December 2011.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 20, 2011 | Stion | $130.0M Other Equity | Avaco | Braemar Energy Ventures, General Catalyst, Khosla Ventures, Lightspeed Venture Partners, Taiwan Semiconductor |