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Skywater Receives Funding From Dod, Partners With Google To Facilitate Open Source Design For Its New 90 Nm Technology Offering

TAKEN PRIVATEJul 28, 2022

Round Type

Funding Round

BloomingtonManufacturingSoftware

Description

SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it is receiving $15 million in funding from the Department of Defense (DOD) to facilitate open source design for its 90 nm process offering, part of the previously announced $27 million investment. To enable this initiative, SkyWater has partnered with Google, through Google Public Sector and company-wide engineering teams, to build on its commitment to open source silicon. SkyWater previously announced a partnership with Google to enable open source design of custom application-specific integrated circuits (ASICs) on its 130 nm mixed-signal CMOS process through the open source SKY130 PDK.

Quick answer

SkyWater Technology raised an undisclosed amount in a Funding Round round, dated July 28, 2022. SkyWater Technology is based in Bloomington, Minnesota, United States.

How much did SkyWater Technology raise?
SkyWater Technology raised an undisclosed amount in a Funding Round round on July 28, 2022.
What does SkyWater Technology do?
SkyWater (NASDAQ: SKYT) is a U.S. investor-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry.
Where is SkyWater Technology based and how big is it?
SkyWater Technology is based in Bloomington, Minnesota, United States. Fundz records about 710 employees.
Who are the decision-makers at SkyWater Technology?
Fundz holds 2 contacts at SkyWater Technology, including the CEO and Director. 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 SkyWater Technology that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $11M (Seed) on June 24, 2022.
  • Natron Energy raised an undisclosed amount on September 6, 2022.
  • DataMesh raised an undisclosed amount (Funding Round) on August 5, 2022.
  • JAKA Robotics raised $150M (Series D) on July 20, 2022.
  • PMGC Holdings Inc. raised $2.1M (Seed) on July 15, 2022.
  • Sky Gold Ltd raised an undisclosed amount (Funding Round) on July 8, 2022.

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Company Information

Company

SkyWater Technology

Location

Bloomington, Minnesota, United States

About

SkyWater (NASDAQ: SKYT) is a U.S. investor-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry. SkyWater’s Technology as a ServiceSM model streamlines the path to production for customers with development services, volume production and heterogeneous integration solutions in its world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology with diverse categories including mixed-signal CMOS, ROICs, rad-hard ICs, power management, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing, consumer, industrial and IoT. For more information, visit: www.skywatertechnology.com.

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Related People

2 contacts
Verified contactsThomas S., CEO and Director hidden hidden hiddenSee plans and pricing
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SkyWater Technology 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.