What does IceMOS Technology do?
IceMOS Technology is a semiconductor manufacturer specializing in silicon power devices developed using its proprietary mSJMOS technology. The company leverages over 70 patents to drive innovations in semiconductor design and manufacturing.
How much did they raise?
The company raised $22M in its Series E round, achieving a valuation of $110M. The funding round was led by 57 Stars LLC, with no additional participating investors mentioned.
What are their plans for the money?
With the new funding, IceMOS Technology plans to expand its strategic manufacturing operations in Northern Ireland, enhance its device design capabilities, strengthen applications engineering, and escalate its marketing and global sales efforts. This injection of capital is expected to accelerate the company's innovation and market expansion.
What have they achieved so far?
IceMOS Technology has already made significant progress, establishing a manufacturing center in Northern Ireland, a research innovation center in Arizona, and a design center in Tokyo, positioning it as a notable global player in semiconductor technology.
