Quicklogic Raises Approximately $3.2 Million With Strategic Investment By Institutional Investors
Amount Raised
$3.2 Million
Round Type
Seed
San JoseManufacturingSoftwareArtificial IntelligenceMachine LearningDescription
QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of ultra-low power multi-core voice enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, today announced current institutional investors have purchased 487,279 registered shares, or about 3.9 percent of the shares outstanding as of September 14, 2022, raising gross proceeds of approximately $3.2 million, at a price for each share of $6.57, in a registered direct offering. The offering was made without an underwriter or placement agent.
Quick answer
QuickLogic raised $3.2 Million in a Seed round, dated September 20, 2022. QuickLogic is based in San Jose, California, United States.
- How much did QuickLogic raise?
- QuickLogic raised $3.2 Million in a Seed round on September 20, 2022.
- What does QuickLogic do?
- QuickLogic Corporation (NASDAQ: QUIK) enables OEMs to maximize battery life for highly differentiated, immersive user experiences with Smartphone, Wearable and IoT devices.
- Where is QuickLogic based and how big is it?
- QuickLogic is based in San Jose, California, United States. Fundz records about 59 employees.
- Who are the decision-makers at QuickLogic?
- Fundz holds 4 contacts at QuickLogic, including the VP IP Sales. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Software around the same time
Companies in the same sectors as QuickLogic that raised within 45 days of this round, from Fundz verified event records.
- Loop Data raised $33M (Funding Round) on November 4, 2022.
- EdgeX raised $2.1M on November 1, 2022.
- Travtus raised $4M (Seed) on November 1, 2022.
- EdgeX raised $1.4M on November 1, 2022.
- CoLabs QOF raised $2.3M (Seed) on November 1, 2022.
- Versa Networks raised $120M (Funding Round) on October 27, 2022.
Who to call at QuickLogic, and when
A new round usually means QuickLogic is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day QuickLogic raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at QuickLogic, from your own LinkedIn network
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Related People
QuickLogic 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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