Qlayers is part of AkzoNobel's Paint the Future collaborative innovation ecosystem and has been working with the company ever since earning a coveted partnership agreement in its 2019 global startup challenge. Qlayers' technology has already been used by customers to successfully apply anti-corrosive coating systems on storage tanks, where the benefit of automated application has enhanced worker safety and delivered increased sustainability and process efficiency results. 

'I'm pleased that we can invest in Qlayers with AkzoNobel,' says Hans Bloemen, Managing Director at ECFG. 'We're bundling our strengths to help Qlayers reach the next level in their sales and business development. It's not only about money, but also about knowledge and experience. This is how we realize added value, together.'

'We're thrilled that AkzoNobel and ECFG have decided to make this investment in our company,' says Josefien Groot, Co-founder and CEO of Qlayers. 'Our solution is a unique technology in the market. This investment brings us closer to our dream of a future in which paints and coatings are applied in a more efficient and sustainable way.'

Akzonobel's investment has been jointly made with ECFG's Eindhoven Venture Capital Fund II (EVCF II), an investment fund primarily focused on innovative small and medium enterprises (SMEs) with distinctive product/market combinations.

For more information about the collaboration between AkzoNobel and Qlayers, see the Collaboration fuels our robotic revolution case study in AkzoNobel's recently published Report 2020.

About AkzoNobel

We've been pioneering a world of possibilities to bring surfaces to life for well over 200 years. As experts in making coatings, there's a good chance you're only ever a few meters away from one of our products. Our world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. We're active in more than 150 countries and have set our sights on becoming the global industry leader. It's what you'd expect from the most sustainable paints company, which has been inventing the future for more than two centuries.

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Akzo Nobel NV published this content on 31 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2021 07:59:07 UTC.