Silicon Valley 5G Chip Startup Edgeq Raises $75 Million In Funding To Boost Production
Amount Raised
$75 Million
Round Type
Funding Round
OaklandHardwareDescription
Silicon Valley 5G chip startup EdgeQ Inc said on Wednesday it raised $75 million in funding to ramp up production as the company starts selling its technology to customers, including telecom operators. It also announced that Lattice Semiconductor Corp CEO Jim Anderson is joining EdgeQ's board of directors. EdgeQ makes semiconductors that power base stations for 5G telecom towers and for 5G access points that can be installed inside places like factories to run robots and autonomous vehicles wirelessly, said Vinay Ravuri, chief executive officer and cofounder of EdgeQ. The chips can also handle 4G cellular signals, he said
Quick answer
Silicon Valley Bank raised $75 Million in a Funding Round round, dated April 19, 2023. Silicon Valley Bank is based in Oakland, California, United States.
- How much did Silicon Valley Bank raise?
- Silicon Valley Bank raised $75 Million in a Funding Round round on April 19, 2023.
- Where is Silicon Valley Bank based and how big is it?
- Silicon Valley Bank is based in Oakland, California, United States.
- Who are the decision-makers at Silicon Valley Bank?
- Fundz holds 1 contact at Silicon Valley Bank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware around the same time
Companies in the same sectors as Silicon Valley Bank that raised within 45 days of this round, from Fundz verified event records.
- Aglocell raised $3.6M (Seed) on June 2, 2023.
- SimpleSense Inc. raised $1M (Seed) on May 31, 2023.
- Prefix Health Technologies raised $1.4M (Seed) on May 31, 2023.
- Nymbus raised $70M (Funding Round) on May 25, 2023.
- IQ Fiber raised $150M (Funding Round) on May 24, 2023.
- Kognitive Networks raised $2.1M on May 24, 2023.
Who to call at Silicon Valley Bank, and when
A new round usually means Silicon Valley Bank is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Silicon Valley Bank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Silicon Valley Bank, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Silicon Valley Bank. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Silicon Valley Bank raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Silicon Valley Bank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.