Silc Secures $25 Million In Additional Funding To Advance Machine Vision For Ai Applications
11/15/23, 3:13 PM
Location
monroviaMoney raised
$25 million
Industry
information technology
Investors
Alter Venture Partners, Dell Technologies Capital, Sony, Umc, Yamato, Epson, Rohm Semiconductor, Hankook & Company, Hokuyo Automatic
SiLC Technologies, Inc. (SiLC), a leader in silicon photonics, today announced $25 million in additional funding to bring the total funding proceeds to date, from its Seed and Series A, to $56 million. New strategic participants in the round include Hokuyo Automatic, Hankook & Company, and ROHM Semiconductor, all industry leaders with a strategic focus on industrial, robotics, and mobility vision. They join SiLC’s roster of existing high-caliber investors including Epson, Yamato, UMC, Sony, Dell Technologies Capital and Alter Venture Partners.
Company Info
Location
181 w huntington drive, unit 200
monrovia, montserrado county, liberia
Additional Info
SiLC was founded in 2018 by silicon photonics industry veterans with decades of commercial product development and manufacturing experience. SiLC's 4D LiDAR chip has been recognized by Frost & Sullivan as ideally positioned to disrupt the global LiDAR market and the company has been named a Cool Vendor in Silicon Photonics by Gartner. Investors in SiLC include Dell Technologies Capital, Sony Innovation Fund by IGV, FLUXUNIT – ams OSRAM Ventures, Alter Venture Partners and Epson.