Tech Company Financing Transactions
Averatek Funding Round
Private investors participated in a $10 million funding round for Averatek. The round was announced by the company on 4/15/2024.
Transaction Overview
Company Name
Announced On
4/15/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
550 Nuttman St
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
LQDX formerly Averatek Corp., pioneers advanced materials for AI and high-performance computing applications, unlocking new possibilities for the semiconductor industry. Founded in collaboration with the Stanford Research Institute (SRI), the company, based in Silicon Valley California, has developed a suite of cutting-edge chemistries and process technologies to revolutionize chip interconnect architecture. As the demand for computing power skyrockets with the rapid rise of AI and ML computing, new tools are needed in the semiconductor packaging and Ultra High-Density Interconnect (UHDI) toolbox.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Scott Meikle
Chief Executive Officer
Simon McElrea
Chief Operating Officer
Divyakant Kadiwala
Chief Scientific Officer
Sunity Sharma
VP - Bus. Development
Rozalia Beica
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