Silc Secures $25 Million In Additional Funding To Advance Machine Vision For Ai Applications
Nov 15, 2023•over 1 year ago
Amount Raised
$25 Million
Investors
Alter Venture PartnersDell Technologies CapitalSonyUmcYamatoEpsonRohm SemiconductorHankook & CompanyHokuyo Automatic
Description
SiLC Technologies, Inc. (SiLC), a leader in silicon photonics, today announced $25 million in additional funding to bring the total funding proceeds to date, from its Seed and Series A, to $56 million. New strategic participants in the round include Hokuyo Automatic, Hankook & Company, and ROHM Semiconductor, all industry leaders with a strategic focus on industrial, robotics, and mobility vision. They join SiLC’s roster of existing high-caliber investors including Epson, Yamato, UMC, Sony, Dell Technologies Capital and Alter Venture Partners.
FundzWatch™ Score
81
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech