Singapore-based semiconductor startup optoML has successfully raised $1.8 million in funding from Bluehill.VC and A99, subject to regulatory approval. The company has recently achieved a significant milestone by completing the tapeout of its 12 nm wafers in collaboration with TSMC.
This funding will be used to expand optoML’s workforce and further develop its analog-in-memory compute system-on-chip platform, which features cutting-edge optical interconnects technology. The company’s focus on advancing semiconductor technology underscores its commitment to driving innovation in the industry.
The strategic utilization of the funds highlights the competitive landscape within the tech industry, where startups play a crucial role in driving technological progress.
Source: Tech-Economic Times