eoSemi, a Rotherham, UK-based semiconductor company, has closed a £3m funding.
The round was led by NESTA Investments and Capital-E, with participation from existing investors Enterprise Ventures, via its RisingStars Growth Fund II and South Yorkshire Investment Fund.
eoSemi will use the funds to bring its new silicon-based timing device to market.
This technology, which is set to replace quartz crystals in a wide range of consumer goods from mobile
phones to televisions, as well as in industrial and automotive systems and wireless applications, allows a timing reference to be placed directly onto the existing silicon of the device, reducing the number of parts required for each device and therefore the cost and size.
phones to televisions, as well as in industrial and automotive systems and wireless applications, allows a timing reference to be placed directly onto the existing silicon of the device, reducing the number of parts required for each device and therefore the cost and size.
FinSMEs
25/06/2010