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Signal Conversion Chip Designer Pushes for European Leadership in 5G
February 06, 2021 by Luke James
Paris-based SCALINX has high hopes for its signal conversion ASICs, aiming to become 5G and radar market leaders in Europe.
SCALINX, a Paris, France-based fabless semiconductor company that specializes in advanced signal conversion chips and was founded in 2015, has secured €10.5 million in its latest funding round led by WaterStart Capital in conjunction with CEN Innovation and Unexo.
According to SCALINX, the funding will be used to boost its high-speed wideband data chip designs in critical 5G and radar markets, increase capacity to support new customers, and grow its teams based in Paris, Caen, and Grenoble.
SCALINX raises €10.5m
SCALINX, the French fabless signal conversion IC specialist, has raised €10.5 million euros.
The investment validates recent progress and will enable SCALINX to meet growing market demand, drive the technology into new markets, increase capacity to support new customers and further expanding its team.
SCALINX aims to be a leading supplier for the French and European defense markets and a key player in the communications industry and the 5G wireless communication transformation.
The equity round is led by WaterStart Capital, an accelerator fund and investment firm from NCI and Normandie Participations, another venture capital fund, both specialized in financing highly innovative startups.
Wideband wireless chip designer raises €10 5m eenewseurope.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eenewseurope.com Daily Mail and Mail on Sunday newspapers.
SCALINX, Semiconductor Fabless Focusing on Signal Conversion Chips Secures 10.5 Million Euros Funding
Funding to Drive European Leadership in 5G Communication Infrastructures, and Radar Markets
SCALINX, a fabless semiconductor company specialized in advanced signal conversion chips, today announced it has secured global financing of 10.5 million euros. The investment validates recent progress and will enable SCALINX to meet growing market demand, drive the technology into new markets, increase capacity to support new customers and further expanding its team. SCALINX aims to be a leading supplier for the French and European defense markets and a key player in the communications industry and the 5G wireless communication transformation.