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Saturday, July 6, 2024

Silicon Catalyst Ventures Launched With 8 Fundings


silicon catalyst

Silicon Catalyst Inc. is a novel incubator devoted completely to the semiconductor business. Based in 2015, SCI supplies a complete ecosystem to help semiconductor startups. You’ll be able to see the complete listing of accessible sources on the Silicon Catalyst web site.

We not too long ago coated the bottom breaking Silicon Catalyst Arm Begin-up Contest which resulted within the award of $400,000 Arm expertise credit score!

In the present day’s announcement launches Silicon Catalyst Ventures to help Semiconductor Startups deploying $10M to $20M for its first sequence and is targeted on investing in early-stage entrepreneurial groups creating semiconductor-based improvements.

Official Press Launch

The SC Ventures group is led by seasoned funding and expertise specialists, together with the previous CEO of UMC Dr. Shih-Wei Solar, in shut collaboration with Silicon Catalyst. Dr Solar joined Silicon Catalyst as an advisor and investor, in addition to a member of the Silicon Catalyst Angels Funding group for the previous two years:

“Silicon Catalyst Ventures was fashioned as an extension of Silicon Catalyst, the world’s solely incubator + accelerator targeted on semiconductor options. It has been fashioned primarily, however not completely, to fund and foster Silicon Catalyst Portfolio Corporations.,” acknowledged Dr. Solar. “This shut affiliation between our fund and the Silicon Catalyst incubator affords buyers distinctive entry to startup groups whose expertise and companies are de-risked all through a radical and rigorous incubator screening course of after which, when accepted, by way of Silicon Catalyst’s world-class two-year incubation. With our top-ranked semiconductor LPs, we deliver further ecosystem and supply-chain values to our startups. Silicon Catalyst Ventures is trying ahead to tapping into the immense monetary and societal worth of our business on this Silicon Renaissance period.”

Becoming a member of Dr. Solar and Pete Rodriguez (CEO of Silicon Catalyst) within the management group of Silicon Catalyst Ventures are:

Laura Swan – Normal Companion and Portfolio Supervisor
Laura oversees portfolio firm administration at SCV. Laura is a Managing Companion with Silicon Catalyst and the Vice President of Operations for Silicon Catalyst Angels.

Kai Chen – Normal Companion and Fund Supervisor
Kai oversees fund administration and investor relations at SCV. He’s the founder and CEO of OceanIQ Capital, an funding advisory agency that he began in 2013.

Julian Lee – Managing Director
Mr. Lee has 35 years {of professional} expertise in funding banking and the telecom/media business.

One of many folks becoming a member of Dr. Solar on the management group of Silicon Catalyst Ventures is new (to me) member Kai Chen.

Kai is the Founder and CEO of OceanIQ Capital, a boutique non-public wealth supervisor that manages portfolios for cross-border households. He was answerable for sourcing, evaluating, and executing investments in over 20 non-public fairness, enterprise capital, and actual property funds as LPs, in addition to over 30 venture-backed start-ups as SPVs. Kai oversees fund administration and investor relations at SCV. Kai Was introduced in by Dr SW Solar to boost capital for the investments.

I spoke with Kai and requested what excites him most in regards to the semiconductor business. He mentioned he did a examine of the most important firms on the planet and now greater than half are semiconductors. In his view semiconductors are underinvested and acquisitions are simply beginning to ramp up so there may be loads of alternative. The one concern he had, that I share, is that AI infrastructure is by far outspending AI income which can result in a bubble in some unspecified time in the future in time.

Listed here are the preliminary SCV investments from the Silicon Catalyst Incubator with extra to come back:
Silicon Catalyst Incubator Utility Deadline

The deal move for Silicon Catalyst Ventures is primarily sourced from firms which can be admitted to the Silicon Catalyst Incubator. Early-stage semiconductor firms which can be admitted to the Incubator might be eligible to obtain an funding from Silicon Catalyst Ventures.

The appliance deadline for Silicon Catalyst is July 12, 2024; particulars may be discovered at https://siliconcatalyst.com/utility

If you’re a startup and occupied with making use of for funding, please apply by way of the Silicon Catalyst Incubator – www.sicatalyst.com

If you’re occupied with changing into a Restricted Companion, contact laura@sicatalystvc.com.

Additionally Learn:

Silicon Catalyst Declares Winners of the 2024 Arm Startups Contest

A Webinar with Silicon Catalyst, ST Microelectronics and an Thrilling MEMS Improvement Contest

Silicon Catalyst companions with Arm to launch the Arm Versatile Entry for Startups Contest!

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