Recent #funding news in the semiconductor industry

9 months ago
➀ Intel's preliminary $8.5 billion Chips Act funding may be reduced due to the company's plans to withdraw investment in Ohio and unconvincing process development results. ➁ The reduction may also be affected by the Pentagon's $3 billion foundry deal with Intel. ➂ The Chips Act grant is now unlikely to exceed $7.5 billion, and Intel is also in line for $11 billion in government loans.
Chips ActIntelProcess technologyTSMCUS Governmentfundingsemiconductor
10 months ago
➀ The US government has announced a $100 million funding opportunity to apply AI and autonomous experimentation (AE) to next-generation semiconductor manufacturing. ➁ The investment aims to demonstrate that new sustainable semiconductor materials and processes can be designed and tested within five years. ➂ The funding will support universities, researchers, and graduates to increase the sustainability of semiconductor manufacturing and build a skilled workforce.
AIGovernment SupportResearch and Developmentfundingsemiconductor
11 months ago
➀ Q-CTRL, an Australian quantum infrastructure software specialist, has raised $113 million in Series B funding with $59 million in new capital. The round was led by GP Bullhound and included new investors such as Alpha Edison, Lockheed Martin Ventures, and NTT Finance. ➁ Q-CTRL's founder and CEO, Michael Biercuk, emphasizes the importance of software as a key enabler for quantum hardware across various applications. ➂ The funding will be used to expand Q-CTRL's investment in quantum control R&D and product engineering to serve a growing list of clients, including Fortune 500 companies, government departments, and quantum platform providers.
AustraliaLockheed MartinQuantum ComputingSoftwareVenture Capitalfunding
11 months ago
➀ Rapidus, the Japanese startup aiming for 2nm manufacturing capability, faces a $7 billion funding gap. Three Japanese banks are investing $35 million each, with the Development Bank of Japan adding $70 million. ➁ Rapidus originally estimated a $14 billion cost for its 2nm pilot line and $7 billion for volume production. Now, the company forecasts another $7 billion is needed to establish the pilot line, with the total estimated at $35 billion. ➂ Rapidus is seeking additional investment from corporate backers and government support for its expansion plans.
2nmJapanRapidusfundingsemiconductortechnology
12 months ago
➀ The U.S. Chips Act awards $5 million to 17 small businesses for metrology projects under the SBIR Programme; ➁ The funding aims to establish the merit, feasibility, and commercial potential of the proposed projects; ➂ The recipients include companies focused on high-speed cameras, EUV lithography, cryogenic systems, thermal analysis, and semiconductor fabrication equipment among others.
MetrologyMicroelectronicsResearch and DevelopmentSBIRSmall BusinessU.S. Chips Actfundinginnovationsemiconductor
12 months ago
➀ Ziguangisoc has successfully completed a 4 billion yuan equity financing round; ➁ The funding will be used to strengthen talent recruitment, solve capital issues, and enhance innovation; ➂ The company is a leading player in mobile communication chip research and development, with a significant market presence; ➃ The funding round received support from various state-owned platforms, banks, insurance institutions, firms, and social capital; ➄ Ziguang Unisoc is actively expanding its global market presence, with its 5G chips reaching 50 countries and regions; ➅ The company is expected to accelerate its IPO process with the completion of this funding round.
5G TechnologyEquity FinancingIPOZiguang Unisocfunding
12 months ago
➀ The number of China's unicorns has dropped from 192 in 2021 to 106 in 2023. ➁ The decline is attributed to US restrictions on funding for startups in China. ➂ US dollar funds accounted for a smaller percentage of fundraising deals in 2023 compared to previous years.
China Unicorn Enterprise Development Tracking ReportChina's economyGreat Wall Strategy ConsultantsIPOSilicon ValleyUS-China relationsVCfundingprivate equitystartupstechnology investment
12 months ago
➀ ATLAS Space Operations has raised $15 million in an investment round led by NewSpace Capital; ➁ The funding will be used to meet industry demand and manage the rapid growth of the company; ➂ The company is a Ground Station as a Service (GaaS) and Ground Software as a Service (GSaaS) provider with the largest U.S. owned and operated global federated ground network.
fundingground stationprivate equitysatellitesspace industry
about 1 year ago
1. Innatera, a Dutch company specializing in neuromorphic processors, has raised an additional $5 million, bringing the total Series A funding to $21 million. 2. The funding was led by Innavest and InvestNL, with participation from existing investors. 3. The company's flagship product, the Spiking Neural Processor T1, is set to enter mass production later in 2024, aiming for high-volume deliveries in Q2 2025.
Innaterafundingneuromorphic processing
about 1 year ago
1. Diraq, a company specializing in quantum computing using silicon quantum dots, has secured $22 million in a Series A2 funding round led by Quantonation. 2. The funding includes investments from Main Sequence, Taronga Ventures, Uniseed, UniSuper, Co:Act Capital, and UNSW Sydney. 3. Diraq's CEO, Andrew Dzurak, expressed anticipation for partnering with these investors to achieve their roadmap for delivering the world's first fault-tolerant quantum computer.
DiraqQuantum Computingfunding
about 1 year ago
1. IENAI Space, a Madrid-based startup, has raised €3.9 million in its latest funding round to develop electric propulsion technologies. 2. The total funding now stands at €7 million, with investors including Inveready, WA4STEAM, DPM, GED Conexo Ventures, and CDTI. 3. The company plans to expand its manufacturing and testing facilities across Europe and increase its workforce from 22 to 30 employees.
IENAI SpaceSpace technologyfunding