Tech Company Financing Transactions
Silecs Asia Pte Funding Round
On 5/18/2011, Silecs Asia Pte secured $16 million in Series E funding from EDB Investments, InnovationsKapital and TempoPark Fund / smac | partners GmbH .
Transaction Overview
Company Name
Announced On
5/18/2011
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series E
Investors
Proceeds Purpose
Having more than trebled its revenues in two years with its cutting edge semiconductor materials, Silecs is now poised to expand its research, production, and customer support capabilities from its traditional base in Finland into Asia, where it has established its new corporate headquarters in Singapore.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
1 CleanTech Loop
Singapore, 637141
Singapore
Singapore, 637141
Singapore
Phone
Website
Email Address
Overview
Silecs, Inc. provides enabling materials for the microelectronics industry. Silecs' products are used primarily in semiconductor and flat panel display manufacturing, giving customers improved performance, density and yield for their devices, and reduced overall production costs.
Management Team
Browse more venture capital transactions:
Prev: 5/18/2011: WaterSmart Software venture capital transaction
Next: 5/18/2011: GreenRoad venture capital transaction
Share this article
News on VC Transactions
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs