FREUDENSTADT, GERMANY – Schmid Group N.V. has completed a $30 million financing round following the closing of the second $15 million tranche of convertible notes issued to an institutional investor.

The first $15 million portion of the financing closed in January, with the remaining $15 million finalized March 5 after regulatory requirements were met. The funding provides SCHMID with additional capital to support operations and expand production capacity as demand increases across electronics manufacturing markets.

According to the company, the proceeds will be used for general corporate purposes including working capital, capital expenditures and potential strategic investments or acquisitions.

“The closing of the second tranche of the financing announced in January 2026 is an important milestone for SCHMID,” said CFO Arthur Schuetz. “The additional capital strengthens our balance sheet and supports the execution of our growth strategy, including meeting increasing customer order volumes and anticipated market demand.”

SCHMID provides manufacturing and process solutions used in high-tech industries including electronics, semiconductor packaging, photovoltaics and energy systems.

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