congrats Dan T and Team. You have a great company and great technology!
Axus Technology has received $12.5 million in capital funding from growth capital firm IntrinSiC Investment LLC. As an established equipment manufacturer with a strong installed base and leadership in advanced silicon carbide (SiC) semiconductor processing, Axus Technology has developed a core understanding of technologies related to CMP – specifically, semiconductor wafer polishing, thinning and cleaning. As a result, the company is extremely well positioned to drive toward volume sales of, and enter new markets with, its highly differentiated Capstone® and Aquarius™ platforms. The company will use the equity funds to further these efforts, leveraging its strong capitalization to pursue and fulfill high-volume orders from semiconductor and compound semiconductor manufacturers around the world. “We are thrilled to partner with IntrinSiC Investment to secure funding that supports our expansion. With this additional funding, we are strongly positioned to support our rapidly growing installed base of high-performance Capstone CMP systems, particularly with our leading-edge, high-volume customers. In addition to strengthening our balance sheet, we expect to significantly benefit from the interaction, support and contribution of IntrinSiC’s principals, whose skill and experience in the semiconductor industry and impressive track record will greatly benefit Axus Technology’s continued growth and evolution.” -Quote by CEO, Dan Trojan Read more about the Investment here: https://lnkd.in/gzZXfgPu #SWCE #majorplayer #axustechnology #semiconductorindustry #oems #cmp #capstone #sic #technology #ai #innovation #engineering #electronics #design #siliconcarbide #EV #VR #semicon #fab #fabrication #foundryservices #customerfirst #信息网站 #investment #kiterocket #pressrelease #media #news #intrinsic
Congratulations Axus Technology
Director of Strategic Accounts - Semiconductors
1moGreat to see this Dan (T). I'm sure I'll see you at Semicon