Efabless Raises $6.3 Million In Series A-1 Extension, Featuring Investments From Globalfoundries, Synopsys, And New North Ventures
Amount Raised
$6.3 Million
Round Type
Series A
Palo AltoManufacturingDescription
Efabless Corporation, the creator platform for the design, development and commercialization of custom integrated circuits (“ICs” or “chips”), announced the closing of a $6.3 million extension of its Series A-1 venture funding. Investors in the round include GlobalFoundries, Synopsys, New North Ventures and a select group of individuals. The proceeds will be strategically utilized to fortify business development, marketing, and further product development.
Quick answer
Efabless raised $6.3 Million in a Series A round, dated October 10, 2023. Efabless is based in Palo Alto, California, United States.
- How much did Efabless raise?
- Efabless raised $6.3 Million in a Series A round on October 10, 2023.
- What does Efabless do?
- Efabless offers a platform applying open source and community models to enable a global community of chip experts and non-experts to collaboratively design, share, prototype and commercialize special purpose chips.
- Where is Efabless based and how big is it?
- Efabless is based in Palo Alto, California, United States. Fundz records about 23 employees.
- Who are the decision-makers at Efabless?
- Fundz holds 1 contact at Efabless. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Efabless that raised within 45 days of this round, from Fundz verified event records.
- Factbird raised $16M (Funding Round) on November 24, 2023.
- Advanced Electric Machines raised $29M (Funding Round) on November 24, 2023.
- EXACT Technology Corporation raised an undisclosed amount (Funding Round) on November 23, 2023.
- Green Matters Technologies raised $825K (Seed) on November 22, 2023.
- Charging Robotics raised an undisclosed amount (Funding Round) on November 22, 2023.
- Floreon raised $2.6M (Seed) on November 21, 2023.
Who to call at Efabless, and when
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- An alert the day Efabless raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Efabless, from your own LinkedIn network
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Funding Insights
What this usually meansEfabless raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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