Nexstrom raises $12m seed, bringing funding to $15m
Xora Innovation led the round, with Foothill Ventures and SEEDS participating.
The financing will accelerate commercialization and platform development, support collaboration with semiconductor foundries and expand engineering and leadership teams.
Nexstrom reports producing materials on 300mm wafers and delivering samples to industry partners. The seed advances North Star from those samples toward commercial use in foundry workflows.
Use of funds
Accelerate commercialization and platform development
Collaborate with semiconductor foundries
Expand engineering and leadership teams