ontario-semiconductor-202109
Project Description:
Amount Funded: $950,000
Amount Funded: $500K - $1M
Industry: Semiconductors
Province: Ontario
Type of Facility: SR&ED Financing
Days to Fund: 19
Use of Funds: This company was heading towards an IPO. Venbridge helped with multiple cash injections that supported cash flow before a successful IPO. Funds were primarily used for R&D as this company is focused on deep tech to deliver value to a very fast growing market.
Company Background: This Ontario-based semiconductor company specializes in the development of integrated circuits and chipsets.
