Overview
Lace Lithography has raised $40 million in a Series A funding round co-led by Atomico and M12, with additional participation from Linse Capital, Sett, Nysnø, and existing investors. This funding brings the company's total capital raised to over $60 million since its inception. The company is developing a novel approach to semiconductor manufacturing using beams of helium atoms instead of light, aiming to overcome traditional lithography's resolution limits and improve efficiency in chip production, particularly for AI and quantum computing applications.
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Investors: Atomico, M12, Linse Capital, Sett, Nysnø
Lace Lithography has raised $40 million in a Series A funding round co-led by Atomico and M12, with additional participation from Linse Capital, Sett, Nysnø, and existing investors. This funding brings the company's total capital raised to over $60 million since its inception. The company is developing a novel approach to semiconductor manufacturing using beams of helium atoms instead of light, aiming to overcome traditional lithography's resolution limits and improve efficiency in chip production, particularly for AI and quantum computing applications.