RCF Innovation Exit: SciAps Inc.

Charles Gillies, MD, Head of RCF Innovation Investment Committees provides an exit overview of SciAps, Inc. Based in Boston, Massachusetts, SciAps is a high-growth, specialist provider of handheld instruments leveraging X-ray Fluorescence (“XRF”) and Laser Induced Breakdown Spectroscopy (“LIBS”) techniques for materials analysis. SciAps instruments identify compounds, minerals and elements in materials in major industries and high-growth end markets including those relevant to the circular economy and energy transition such as: mining, metal recycling, battery materials, rare earths, and other industries.

What's discussed:
1. Exit overview
2. Original investment thesis
3. RCF Value Add
4. RCF Innovation strategy
5. Opportunities in mining innovation