Actionable. Challenging. Essential. That’s how HiDRA Vision co-founder Fernando Castro would describe his time at the A2I Boot Camp, exploring how to translate innovative new technology from a research environment to full commercialisation. As the Department Head of Science, leading Advanced Materials and Semiconductors at the UK’s National Physical Laboratory (NPL), Fernando has spent much of his career leading metrology R&D projects around the world and delivering technical services to industry. Alongside his co-founders, Yameng Cao, a Senior Scientist at NPL, and Sebastian Wood, a Principal Scientist at NPL, they are taking part in Accelerate to Investment (A2I), a hybrid programme designed to help researchers and innovators within government research organisations to build the fundamentals needed to develop credible, investment-ready spinout opportunities. 

 We caught up with Fernando to get his take on the A2I journey so far – in his own words.

Meet HiDRA Vision, public R&D turned commercial venture

The bottleneck for AI isn’t software anymore, it’s hardware. As the industry shifts from electronic to photonic devices that move information using light – which is faster and far more efficient – a new manufacturing challenge has emerged: inspection. Photonic semiconductor production windows are short and currently only a small fraction of devices can be characterised in detail. Without effective inspection, manufacturers struggle to identify defects early, improve yield, and scale production. 

Our venture is building a breakthrough inspection technology capable of delivering true 100% wafer photoluminescence inspection in a minute. Behind it sits a team with the metrology, photonics, manufacturing and commercial experience needed to turn a technical breakthrough into a scalable business – one which will become a critical enabler for the wider adoption of photonic technologies.

Joining the A2I programme

Yameng, Sebastian, and I initially discovered A2I via our current supporters GOTT and UKI2S. It stood out to us because it is designed specifically for innovators coming from public sector research environments. It offered access to experienced commercialisation experts, investors, and a community of founders facing similar challenges. We thought it was a great opportunity for us to accelerate our venture, translating a promising technology into real-world impact.

At the Boot Camp 

We walked in as technical founders who were confident that our technology addressed a genuine bottleneck in photonic semiconductor manufacturing. We were less certain about how to communicate that opportunity in a way that would resonate with investors and commercial partners. 

The sessions on business models and when to raise funds were particularly interesting. We now have a much better understanding about how venture capital investment works and the fact that not all investors are equal. Each will have specific risk profiles and types of business they are more comfortable investing in. Understanding that helps us target the right investors to help our venture thrive. This has prompted us to re-think our investment ask, which we went on to reshape in the enablement sessions and with the resident entrepreneur.

The biggest change

The most tangible change for us is the clarity of our commercial story. At the beginning, we could clearly explain the technology and market need. Today, we can better explain the value proposition and the pathway to impact, which will help us in translating our venture into a fast-growing business. 

Having experienced investors and commercialisation experts respond positively to the scale of the opportunity has also given us confidence that the problem we’re addressing is significant and commercially relevant, not just technically interesting. 

We have now transitioned from thinking like researchers with a technology to thinking like founders building a business.

The next phase

Backed by a deeper understanding of the market and customers, we’ve realised that time is critical. The demand is more urgent than we initially predicted, so we have to move fast to create and grow our business. 

The programme has made the journey from research innovation to venture creation feel more achievable – and much less uncertain. Commercialisation now feels inevitable, and we’re hoping that in the next 12-18 months our venture will have become a commercial business working with tier one semiconductor manufacturers and deploying our first products to the market.

Come with an open mind

And leave with strong foundations! The next stage is about bringing the technology closer to commercialisation and raising capital investment to grow the business and maximise the impact. 

It’s an exciting time for our team and as we move into the next phase of the programme, we’re excited to engage more deeply with potential customers, partners, and investors. We’re confident that the demand for high-throughput photonic semiconductor inspection will continue to grow rapidly and that our technology will be well positioned to become a key enabling tool for the industry.

UKI2S
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