LQDX (fka Averatek), a Santa Clara, CA-based developer of materials for advanced semiconductor manufacturing, raised $10M in Equity and Government funding.
The backers were not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Founded in collaboration with the Stanford Research Institute (SRI), LQDX offers advanced materials for AI and high-performance computing applications.
The company has developed a suite of chemistries and process technologies for chip interconnect architecture. At the heart of its portfolio lies LMIx™ – or Liquid Metal Ink technology – a novel metallization chemistry suite used as redistribution lines (RDLs) for chiplet integration and 3D die stacking using through-silicon-vias (TSVs). These advanced features, previously exclusive to silicon, are essential to meet the exponential growth demand in signal density required by advanced chips, chiplets and heterogeneous integration. As an alternative to expensive wafer processing which uses physical vapor deposition (PVD) technology, LMIx™ is a PVD-in-a-Bottle™ substitute that integrates into existing infrastructure.
LQDX has also made changes to its corporate governance and executive staff, naming Simon McElrea as Director and CEO, Rozalia Beica as Chief Commercial Officer, and Scott Meikle as Executive Chairman.
FinSMEs
16/04/2024