Semitech Semiconductor
Latest round
- Series A
Last raised
- Jan 2011
Total raised
- $3.4M
Investors
- 3
About Semitech Semiconductor
Semitech Semiconductor is dedicated to the creation of semiconductor devices that support smart grid and IoT applications. Founded by Matt Rhodes, Mike Holt, and Zeev Collin, the company is headquartered in Melbourne, Australia.Semitech Semiconductor specializes in the development of semiconductor devices that enhance smart grid and IoT solutions. The company’s core product offering centers around the SM2400 System chip, a versatile Narrowband Communication platform designed for a multitude of applications including Automatic Meter Reading (AMR), electric vehicle (EV) charging infrastructure, and smart lighting systems. These devices facilitate the monitoring and control of various environments, thereby increasing energy efficiency and safety. Semitech's solutions cater to diverse industries, including industrial IoT, transportation, and alternative energy, with applications ranging from battery management systems to solar inverters.Semitech Semiconductor generates revenue primarily through the sale of its semiconductor products and modules, which incorporate advanced communication technologies over power lines and wireless networks. The company engages in business-to-business (B2B) transactions, partnering with manufacturers and system integrators who integrate Semitech's technologies into their own products. Revenue is accrued through the direct sale of products like the SM2400 modem and associated turnkey modules, which are designed for specific applications within metering and transportation markets.Semitech Semiconductor has outlined growth strategies that focus on the development of new products and expansion into new markets. The company is actively working on new versions of the SM2400 system chip, with plans for a product launch aimed at enhancing electric vehicle infrastructure by the end of 2023.
Who invested in Semitech Semiconductor
3 investors across 1 round
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Funding rounds
Series A
Jan 19, 2011
Amount
$3.4M
Investors
Questions about Semitech Semiconductor
Who invested in Semitech Semiconductor?
Semitech Semiconductor has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Semitech Semiconductor raised?
Semitech Semiconductor has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Semitech Semiconductor last raise money?
Semitech Semiconductor's most recent round on record is a Series A, in Jan 2011.
What does Semitech Semiconductor do?
Semitech Semiconductor is dedicated to the creation of semiconductor devices that support smart grid and IoT applications.
Where is Semitech Semiconductor headquartered?
Semitech Semiconductor is headquartered in Melbourne, Australia.
Which VCs invest in companies like Semitech Semiconductor?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back semiconductors companies at Semitech Semiconductor's stage. Their profiles are linked below.
VCs backing semiconductors startups at Series A
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