Type of Facility: SR&ED Financing
Days to Fund: 12
Use of Funds: Coming out of a turbulent time the company needed to quickly inject cash to ramp up sales. The funds were used for business development to leverage their clear advantage in the 5G market.
Company Background: This company is a leader in the development of 5G mmwave silicon. The company is one of a few semiconductor companies that ship mmwave devices in high volume.