Tech Company Financing Transactions
Stathera Funding Round
Stathera, operating out of Montréal QC, secured $15 million in funding from BDC Venture Capital, Celesta Capital and MediaTek.
Transaction Overview
Company Name
Announced On
5/18/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to commercialize its DualMode GEN1 MEMS timing product line, increasing production capacity in the months ahead to meet customer demand, and invest in the advancement of its GEN2 high-performance technology.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
400 Boul de Maisonneuve Ouest 700
Montréal QC, H3A 1L4
CA
Montréal QC, H3A 1L4
CA
Phone
Website
Email Address
Overview
We are using ingenuity to break paradigms, lowering power while increasing performance. Through our team, innovation in MEMS Timing, and commitment to excellence, we will speed up the IoT revolution, and unlock disruptive advantages for IoT, Wearables, Smartphones, and a variety of other applications. But the transformation won't stop there. With our breakthrough MEMS technology, we'll also unlock an unimaginable variety of new features and applications for electronic devices that benefit from low-power, and ultra-stable timing for synchronous system control and communication.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Xereas
VP - Marketing
Danny Gangapersaud
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