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Venture Capital News: Efabless Raises $6.3M in Series A-1 Extension

2023-10-11
PALO ALTO, CA, Efabless Corporation, the creator platform for the design, development and commercialization of custom integrated circuits, announced the closing of a $6.3 million extension of its Series A-1 venture funding.
Efabless Corporation, the creator platform for the design, development and commercialization of custom integrated circuits, announced the closing of a $6.3 million extension of its Series A-1 venture funding. Investors in the round include GlobalFoundries, Synopsys, New North Ventures and a select group of individuals. The proceeds will be strategically utilized to fortify business development, marketing, and further product development.
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