Advanced Micro-Fabrication Equipment Inc. Raises $35M in Series B Financing October 9, 2006Posted by lsvp in Semiconductor.
SHANGHAI, China, and SAN FRANCISCO, Calif., Oct. 9, 2006—Advanced Micro-Fabrication Equipment Inc. (AMEC), an emerging Asia-based developer of innovative semiconductor processing technology and equipment, today completed its Series B financing, which raised $35 million. The financing will fund commercialization of the company’s proprietary advanced technology, which is primed to transform the world’s integrated circuit (IC) manufacturing fabs with a new level of technology and economic innovation for key process steps.
Participants in the round include existing investors Walden International, Lightspeed Venture Partners, Redpoint Ventures, Interwest Partners, Bay Partners, Global Catalyst Partners and KT Venture Group. Leading financial institution Goldman Sachs joined the round as a new investor.
See the full press release here.