Nexstrom raises $12 million for post-silicon wafer technology

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Singapore-based Nexstrom has raised $12 million in seed funding to commercialize its wafer-scale platform for 2D semiconductor materials. This funding is intended to advance the chipmaking industry beyond traditional silicon.

Key facts

• Nexstrom raised $12 million in seed funding.
• The funding will support the commercialization of Nexstrom's wafer-scale platform for 2D semiconductor materials.
• The goal is to transition the chipmaking industry into the post-silicon era.
• The funding round was led by Xora Innovation.
• The capital infusion aims to develop more efficient semiconductor wafers.