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Silicon Box secures $78 million in debt financing to expand production capacity. The funding comes from several institutional investors, including Ares Management and InnoVen Capital.
Amount Raised
$78 Million
Investors
Description
Silicon Box, a Singapore-based semiconductor design startup, has announced raising $78 million in debt financing from institutional investors. The funds will be primarily used to expand production capacity to meet rising customer demand. This financing comes just after a recent $150 million Series B2 equity round. The company aims to strengthen its capital base while limiting shareholder dilution.
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