Unique Plastics Watermark

(startupticker.ch, August 18, 2020)

Matriq AG recently raised CHF 1.75 million in an oversubscribed Series A funding round, led by a number of private investors and supplemented by the Startfeld foundation. Matriq, an NTB spin‐off, was founded by four engineers from the University of Applied Sciences Buchs NTB in October 2019. The startup, which currently comprises seven team members and is based at Startfeld, St. Gallen’s innovation center, provides innovative marking and security solutions built on its DynamicMold (DM) technology. Specifically, it developed a unique watermark for plastics to improve traceability and brand protection. Each plastic part is individually marked during its forming process, without delaying cycle time, with a 2D‐code watermark, as unique device identity. Matriq’s first product, due to launch later this year, is the DM‐date – the world’s first digital date stamp for injection molding.