SYMBIOSE
Specialized in the development of HMI parts for the industrial market by federating skills.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | €6.5m | Seed | |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 51 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (26 %) | (40 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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SYMBIOSE, established in 2014, operates as a specialized competence center for Human-Machine Interface (HMI) parts within the industrial sector. The company has positioned itself as a key developer of decorative plastic parts and In-Mold Electronics (IME) primarily for the automotive market, while also serving sectors like household appliances, home automation, and medical.
The core of Symbiose's business is its proprietary IME technology, a process that integrates printed decorations and electronic circuits directly into plastic components. This is achieved through a multi-step process involving screen-printing of both aesthetic and electronic films, high-pressure thermoforming to control shape and deformation, and finally, injection molding where the films are fused into a single part. This method allows for the creation of 3D surfaces with integrated touch-capacitive functions, reducing the need for separate mechanical buttons and assembly parts, which in turn decreases complexity, thickness, and weight. The company has secured patents for its processes, including methods for manufacturing coated films and laminated foils for plastic components.
A significant milestone in the company's development was the 2015 partnership agreement with CEA Liten, a prominent European research institute in printed electronics. This collaboration has been central to advancing Symbiose's R&D efforts, including its participation in H2020 projects. Following the establishment of a pilot line at CEA Liten in 2018, Symbiose initiated a fundraising campaign in 2020 to finance its own production site for mass production. This led to a Later Stage VC funding round in May 2021, raising $3.65 million, and the inauguration of its new factory in Pugnac, France, in 2022. The company's expertise spans the entire value chain, from the formulation of conductive inks and optimization of printing techniques to optical simulation and surface coatings.
Keywords: Human-Machine Interface, HMI parts, In-Mold Electronics, IME, printed electronics, plastronics, automotive components, smart surfaces, capacitive touch, injection molding, thermoforming, decorative plastic parts, consumer electronics, industrial automation, medical devices, structural electronics, flexible electronics, touch sensors, CEA Liten, embedded electronics