Metanoia Closes $19.3M Funding Round

Metanoia Communications Inc., a Hsinchu, Taiwan-based manufacturer of standalone high-speed xDSL and Gfast PHY chipsets for the wireline broadband market, completed a $19.3m funding round.

The round was led by Taiwania Capital Investment and National Development Fund, with participation from Elan Microelectronics, the original primary investor in the company.

The funding will enable Metanoia to develop and release 5G chips for Remote Radio Units (RRU), Small Cells and CPEs in near future, to launch its new Gfast / VDSL2 family of chipsets and to drive further international adoption and expansion.

Led by Chien-Te Wu, President & CEO, Metanoia Metanoia Communications is a subsidiary of Elan Microelectronics established in Hsinchu Science Park, Taiwan to contribute to the development of several generations of semiconductor and software solutions for the wireline Broadband and the in-home networking markets, delivering to broadband manufacturers very high-speed PHY devices with superior performances.



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