# Tignis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tignis

- Industry: Software
- Headquarters: Seattle, US
- Website: www.tignis.com
- Total disclosed funding: $7.2M
- Latest round: Series A (Apr 29, 2022)
- Investors on record: 2

## About

Tignis, Inc., based in the US, specializes in AI-driven process control solutions for the semiconductor industry, enhancing automation and efficiency for equipment manufacturers and suppliers through advanced technology.Tignis, Inc. is a technology firm focused on providing AI solutions for semiconductor manufacturing, founded in 2017 in Seattle, US. The founders, Jon Herlocker and Matt Mclaughlin, have backgrounds in technology and innovation. In December 2024, Cohu, Inc. agreed to acquire Tignis, Inc. from Clear Ventures and DN Capital, with financial terms undisclosed. The company has successfully completed 4 deals, with the latest funding round being a Series A amounting to USD 7.20 mn led by DN Capital, contributing to a total amount raised of USD 7.20 mn.Tignis specializes in advanced AI-driven process control solutions tailored for the semiconductor industry. Its core products, PAICe MAKER and PAICe MONITOR, integrate physics-based modeling and machine learning algorithms to enhance automation and process control for semiconductor equipment manufacturers and suppliers. These solutions provide valuable insights into equipment operations, helping clients optimize processes and improve efficiency across North America, Europe, and Asia.Tignis generates revenue primarily through software subscriptions and partnerships with semiconductor manufacturers. Clients engage on a contractual basis, subscribing to PAICe MAKER and PAICe MONITOR, which offer proprietary AI capabilities. The pricing reflects the value provided in terms of process control and operational efficiency, catering to high-value clients in the semiconductor sector.The acquisition by Cohu, Inc. in December 2024 aims to extend capabilities within the semiconductor industry. Tignis is expected to leverage its resources to design and launch new products while expanding its market reach, particularly targeting growth in regions such as Asia and Europe. Recent funding will facilitate these initiatives and support ongoing development efforts within the company's operational framework.

## Funding rounds

- Series A, Apr 29, 2022, $7.2M — DN Capital, Clear Ventures

## Investors

- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Series A
- Clear Ventures (https://capitalatlas.ai/funds/clear-ventures) — Series A