Tech Company Financing Transactions
Thalia Funding Round
On 7/20/2023, Thalia announced $2.7 million in funding from Mercia's EIS Funds, Deepbridge Capital and private investors.
Transaction Overview
Company Name
Announced On
7/20/2023
Transaction Type
Venture Equity
Amount
$2,694,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to broaden the scope of its operations, further develop its AMALIA software suite and strengthen its board with the appointment of a number of industry experts. It also plans to expand its engineering team, with the creation of around 20 new jobs in total in the next 12 months.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Technium Springboard Centre, Llantharnam Industrial Estate,
Cwmbran, NP44 3AW
UK
Cwmbran, NP44 3AW
UK
Phone
Undisclosed
Website
Email Address
Overview
Thalia is a pioneering venture-funded company with a unique technology and business approach that is revolutionizing one of the most challenging sectors of today's global electronics industry: analog/RF design and IP reuse. Designing analog, RF and mixed signal circuits is a time-consuming, labor-intensive and highly specialist effort, representing the most difficult design challenge in today's semiconductor industry. As the complexity of analog chips and intellectual property (IP) increases, it has become clear that their design cannot be completely addressed by a manual, iterative approach.
Management Team
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