What does ChEmpower do?
ChEmpower is an advanced semiconductor materials and specialized chemistry company that develops chemically reactive pads for planarization, offering an abrasive-free alternative to traditional polishing processes.
How much did they raise?
The company raised $18.7M in funding, with the round led by M Ventures and Rhapsody Venture Partners and participation from Intel Capital, Pangaea Ventures, Foothill Ventures, In-Q-Tel, and TEL Venture Capital.
What are their plans for the money?
ChEmpower plans to use the funds to scale its manufacturing systems, commercialize its novel product offerings, and recruit talent across engineering, business development, and operations, aiming to revolutionize semiconductor manufacturing and improve chip yields.
What have they achieved so far?
The company has already made strides in advancing its abrasive-free planarization technology, which has helped improve chip yields and sustainability standards in the semiconductor industry.
