MONROVIA, Calif.--(BUSINESS WIRE)--Machine vision innovator SiLC Technologies, Inc. today announced a $17 million Series A funding round led by Alter Venture Partners and Dell Technologies Capital with additional participation from Fluxunit – OSRAM Ventures, Sony Innovation Fund by IGV*, Epson, UMC Capital, Yamato Holdings and Global Brain. Following a $12 million seed round in 2020, the new financing brings SiLC’s total funding to over $30 million. The additional financing will be used to expand SiLC’s operations, accelerate product development and gain additional production design wins – all in preparation for pre-production and product launch activities.
May 24, 2021
SiLC Technologies Raises $17M Series A Funding Round to Advance Machine Vision Applications
Researchers at Deakin University in Victoria, in partnership with Australian start-up Li-S Energy, have developed a potentially revolutionary new lithium sulphur battery which could eventually lead to electric cars with a range of 1,000-kilometres, and mobile phones with a one-week battery charge.
May 19, 2021