Thanks to Justin Strausbaugh and Alumni Ventures for hosting David Moehring from Cambium Capital Partners to be part of your panel on Breaking the Boundaries in Quantum Computing. Michael Brett, Preeti Chalsani, Rafal Janik
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Team Cambium is beyond excited for the future of Black Semiconductor!
We are beyond excited to announce that we have successfully secured €254.4 million in our Series A and the IPCEI ME/CT program. This is one of the largest funding rounds ever for a chip manufacturing company in Europe! The total investment comprises €228.7 million public funding from Bundesministerium für Wirtschaft und Klimaschutz and Ministerium für Wirtschaft, Industrie, Klimaschutz und Energie des Landes NRW and €25.7 million equity investment, led by Porsche Ventures and, for the second time, Project A. New investors include major venture capital firms, corporations and industry leaders such as East Hill Equity - Managing Scania Growth Capital, Capnamic, TVF | TechVision Fonds and NRW.BANK. They are joining our seed round investors Vsquared Ventures, Cambium Capital Management and Onsight Ventures. “We highly value the strong support of the government and renowned investors to jointly advance the development of novel technologies in Europe. The investment enables us to drive our product development and 300 mm wafer pilot production facility forward at full speed. As traditional chip technology moves closer to its technological and economic limits, our innovation paves the way for faster, more powerful, cost-efficient, and energy-efficient computation.” says CEO Daniel Schall. The capital will enable us to build our pilot line in Aachen, Germany, for the long-term goal of mass production in 2031. In addition, we will continue to hire the best talent and professionals, with a goal of growing from 30 to 120 employees by 2026. Thanks to everyone who has made this possible, especially our partners and investors, and of course, the entire BLK team! For more information: https://blacksemi.com/ #BLK #BlackSemiconductor #Aachen
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Cambium is excited about the future for Rivos Inc. Congrats to the team!
We are thrilled to announce the closing of our oversubscribed $250M Series A funding round. Backed by premier financial and strategic investors, this funding is a testament to Rivos’ unique approach to software-defined hardware solutions for data center workload acceleration in the age of generative AI. More on how this investment will help accelerate our mission of building industry-leading, power-efficient, high-performance chips for customers building data-driven solutions here: https://lnkd.in/gX8d2-xj
Rivos Raises More Than $250M Targeting Data Analytics and Generative AI Markets
businesswire.com
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Exciting news for Elve, Inc. Happy to welcome Thomas von Koch and Lockheed Martin to the Elve journey! https://lnkd.in/dyETMwBR
Elve Secures $15M in Series A Funding to Increase Manufacturing and Expand Customer Base
businesswire.com
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Cambium Capital Partners is excited to be part of the Numem family! https://lnkd.in/gG6hqMeD Jack G. Bill Leszinske
Numem Announces Series A Funding Led by Cambium Capital to Propel Memory Solutions for AI and IoT
newswire.com
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Great progress for etherWhere!
We are proud to announce our new partnership with #XonaSpaceSystems to develop a low power PULSAR dual-band GNSS receiver utilizing the #etherWhere next generation chip. Full details available at https://lnkd.in/gDY2RwRv. #gnss #PULSAR #gps #dualband #PNT Michael Raam
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