DN Capital announces successful exit of Tignis

We are excited to announce the successful exit of Tignis, following its acquisition by Cohu, Inc. This marks a major milestone in Tignis’ mission to revolutionise AI-driven process control for semiconductor manufacturing and a noteworthy exit for our portfolio.

This strategic acquisition positions Cohu at the forefront of the semiconductor process control market, which is estimated at $2.6 billion. Tignis’ cutting-edge PAICe Monitor and PAICe Maker solutions will enable advanced predictive and prescriptive automation for semiconductor manufacturers—driving higher yields, improved quality, and increased productivity.

Having led Tignis’ Series A funding round in 2022, DN Capital played a pivotal role in supporting the company’s journey to become a transformative force in machine learning and process optimisation.

This exit is a testament to the brilliance of Tignis’ team and technology, as well as DN Capital’s commitment to fostering groundbreaking innovations in AI-based industrial process control startups.