Tech Company Financing Transactions
Ideal Semiconductor Funding Round
Ideal Semiconductor closed a $40 million Series C financing round on 5/16/2023. Investors included Applied Ventures.
Transaction Overview
Company Name
Announced On
5/16/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Proceeds Purpose
iDEAL's technology is a new way of making what are called power chips, which go into everything from washing machines to internet servers to help with tasks such as converting alternating current from the electric grid to the direct current used by the device
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
116 Research Dr
Bethlehem, PA 18015
USA
Bethlehem, PA 18015
USA
Phone
Website
Email Address
Overview
iDEAL Semiconductor is an industry-leading developer of next generation silicon power devices. These products are developed using a novel semiconductor technology, "SuperQ", based on a newly observed phenomenon at the atomic scale that delivers dramatic semiconductor energy efficiency using state-of-the-art CMOS equipment. SuperQ is a platform technology, applicable across a wide range of products, applications and semiconductor materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Granahan
Chief Technical Officer
David Jauregui
Co-Founder
Michael Burns
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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