SCALINX secures $37 million for SoC product development

Fabless semiconductor firm SCALINX has successfully completed its second round of funding, securing a substantial global investment of €34 million (approximately $37 million). The company plans to utilize these funds to drive the development of cutting-edge System-on-a-Chip (SoC) products and expand its reach within the market.

Having amassed a total of €44.5 million (roughly $49 million) in funding thus far, SCALINX is gearing up to transition from specialized sectors to more expansive market segments. The primary goal is to solidify its presence in Europe as a leading provider of SoC solutions, particularly focusing on data converters crucial for 5G and upcoming 6G networks, as well as autonomous vehicles.

Founder and CEO of SCALINX, Hussein Fakhoury, expressed his enthusiasm regarding the recent investment, emphasizing the Wireless Infrastructure market’s interest in their innovative wideband, low-power data-conversion SCCORE technology.

Fakhoury stated, “Our roadmap for SoC products is designed to enable telecom companies to deliver ultra-high capacity, multi-gigabit connections over extended distances, ultimately optimizing Total Cost of Ownership (TCO) for microwave, millimeter-wave, and multi-band equipment. This investment marks a significant milestone in our growth journey, and we are thrilled about the strong support from both new and existing stakeholders.”

The latest investors in SCALINX include the French State, represented through its “French Tech Souveraineté” fund program managed by Bpifrance, Go Capital, an independent management firm, and Thales.

Marion Aubry, Investment Director at Bpifrance, expressed their excitement about backing SCALINX, highlighting the company’s unparalleled expertise in integrated mixed-signal products within Europe. Aubry added, “SCALINX has a proven track record in defense, aerospace, test and measurement, and communications sectors, and we anticipate rapid growth in these areas.”

Noteworthy previous investors participating in this funding round include NCI WaterStart Capital, Normandie Participations, BNP Paribas Development, Unexo, and various private investors. SCALINX intends to utilize the raised capital to expand its business operations, with a specific focus on the Wireless Communication market, aiming to introduce new products and broaden its customer base.

Furthermore, the company plans to venture into new markets, particularly in the automotive industry. SCALINX is set to embark on fresh projects in Space & Defense and introduce a new product line in Test & Measurement.

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funding  |  SCALINX  |  SoC