ontario-semiconductor-developer-202102
Project Description:
Amount Funded: $500,000
Amount Funded: $500K - $1M
Industry: Semiconductors
Province: Ontario
Type of Facility: SR&ED Financing
Days to Fund: 12
Use of Funds: Due to a delay in foreign investment, the company needed bridge financing. Venbridge stepped up and provided a significant credit facility for this company to continue its R&D and business development.
Company Background: This company provides cost-efficient interface solutions to optical fibre interconnects with increased lane speed. The company is currently building single-mode transmitter and receiver technology.
