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Appsilon

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Jewellery production and advanced materials based solutions for electronic applications

Istanbul, TürkiyeFounded 2017Fashion
Valuation $10–25M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Appsilon and the history behind them.

About Appsilon

Appsilon Scientific is a pioneering startup that specializes in the creation of lab-grown diamonds. These diamonds are chemically and physically identical to those mined from the earth. The company uses advanced technology to replicate the natural diamond formation process within a plasma chamber, which mimics the high-pressure, high-temperature conditions found in nature. This innovative approach allows Appsilon to produce diamonds that are ethical, sustainable, and more affordable than traditional mined diamonds.

Appsilon operates in the high-tech sector, serving a diverse range of clients including universities, research institutes, and industries involved in quantum technologies, electronics, lasers, and detectors. The company is also venturing into the cosmetics market with its 'Diacosm' project, which is funded and supported by the European Union's H2020 Program.

The business model of Appsilon is centered around research and development (R&D) and the commercialization of lab-grown diamonds. By focusing on R&D, the company continually improves its diamond-growing technology, ensuring high-quality products that meet the specific needs of various sectors. Revenue is generated through the sale of these lab-grown diamonds to industrial clients and through partnerships and funding from academic and governmental bodies.

Appsilon's commitment to sustainability and ethical practices sets it apart in the diamond industry. The company aims to disrupt the traditional diamond market by offering a more responsible alternative that does not involve the environmental and ethical issues associated with diamond mining.

In summary, Appsilon Scientific is a forward-thinking company that leverages cutting-edge technology to produce lab-grown diamonds for a variety of high-tech applications, while also making strides in the cosmetics industry. Its business model focuses on continuous innovation and ethical practices, making it a standout player in the diamond market.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Istanbul, Türkiye
Sector
Fashion

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • Diffusion Capital Partners
  • European Innovation Council
  • CompuSoluciones
  • Kale United

Series A1 investor entered at this stage

  • Turkish Development Fund

Series B and later1 investor entered at this stage

  • Esas Holding
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇦🇹 Austria2.6%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Appsilon on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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