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Data Center News > Blog > Investments > LQDX Raises $10M in Equity And Government Funding
Investments

LQDX Raises $10M in Equity And Government Funding

Last updated: April 16, 2024 11:44 am
Published April 16, 2024
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LQDX (fka Averatek), a Santa Clara, CA-based developer of supplies for superior semiconductor manufacturing, raised $10M in Fairness and Authorities funding.

The backers weren’t disclosed.

The corporate intends to make use of the funds to develop operations and its improvement efforts.

Based in collaboration with the Stanford Analysis Institute (SRI), LQDX affords superior supplies for AI and high-performance computing purposes.

The corporate has developed a set of chemistries and course of applied sciences for chip interconnect structure. On the coronary heart of its portfolio lies LMIx™ – or Liquid Steel Ink know-how – a novel metallization chemistry suite used as redistribution strains (RDLs) for chiplet integration and 3D die stacking utilizing through-silicon-vias (TSVs). These superior options, beforehand unique to silicon, are important to satisfy the exponential development demand in sign density required by superior chips, chiplets and heterogeneous integration. As a substitute for costly wafer processing which makes use of bodily vapor deposition (PVD) know-how, LMIx™ is a PVD-in-a-Bottle™ substitute that integrates into current infrastructure.

LQDX has additionally made adjustments to its company governance and government workers, naming Simon McElrea as Director and CEO, Rozalia Beica as Chief Business Officer, and Scott Meikle as Govt Chairman.

FinSMEs

16/04/2024

See also  Mysten Labs Technology Prototype on Sui Provides First Proof of Elastic Blockchain Scaling


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TAGGED: 10M, equity, Funding, government, LQDX, Raises
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