# Silecs International

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/silecs-international

- Industry: Materials
- Headquarters: Espoo, Finland
- Website: www.silecs.com
- Total disclosed funding: $16M
- Latest round: Series E (May 18, 2011)
- Investors on record: 4

## About

Silecs International specializes in advanced semiconductor technology, developing innovative solutions for various sectors, focusing on enhancing product performance and efficiency through their expertise in materials science and engineering.Founded in 2000 in Espoo, Finland, Silecs International focuses on semiconductor technology. The company was sold in 2014 and has engaged in a total of 4 deals. The latest funding round was Series E, raising USD 16.00 mn, led by SG Growth Capital Pte Ltd, along with investors InnovationsKapital, TempoCap, and Tesi. The founder, Ridouan Abagri, brings significant expertise, having established the company with a vision for technological advancements in the semiconductor space.Silecs International delivers cutting-edge semiconductor solutions designed to meet the evolving demands of various industries. Their product line includes advanced materials for semiconductor fabrication that enhance device performance, reliability, and efficiency. The company targets the electronics, telecommunications, and automotive sectors, providing tailored solutions that address specific technological challenges and requirements.In 2014, Silecs International reported a revenue of USD 1,588,558.90, with an EBITDA of USD -180,787 for the same year.Silecs International plans to utilize its latest funding from the Series E round to expand its product offerings and enhance R&D capabilities. The firm is focused on launching new semiconductor materials by the end of 2015, strategically targeting markets in North America and Asia-Pacific for expansion. This approach aims to enhance its global presence and address increasing demands for advanced semiconductor technologies.

## Funding rounds

- Series E, May 18, 2011, $16M — InnovationsKapital, Tesi, TempoCap, SG Growth Capital

## Investors

- InnovationsKapital (https://capitalatlas.ai/funds/innovationskapital) — Series E
- Tesi (https://capitalatlas.ai/funds/tesi) — Series E
- TempoCap (https://capitalatlas.ai/funds/tempocap) — Series E
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series E