Akhan Raises $20M in Funding

Akhan Semiconductor

Akhan Semiconductor, a Gurnee, Lake County, Illinois-based technology company specializing in lab-grown electronics-grade diamond materials, raised $20M in funding.

The backers were not disclosed.

The company intends to use the funds to bring its diamond technologies to market.

Led by by newly hired Craig Mitchell, Chief Executive Officer, and John Thode, COO/President, Akhan specializes in the fabrication and application of synthetic, lab grown, electronics-grade diamond materials that deliver performance in applications ranging from display glass and optics to semiconductors for consumer, automotive, defense and industrial markets.

Tom Lacey, former interim CEO, will now continue as Board Chairman.

FinSMEs

17/02/2022