- The company has brought its valuation up to over US$1 billion less than three years after its founding
A Singapore-based semiconductor startup, Silicon Box, has raised US$200 million in a Series B round. The company has brought its valuation up to over US$1 billion less than three years after its founding.
Investors in the round included UK-based asset manager Praesidium Capital, US hedge fund Maverick Capital and growth investor BRV Capital.
Silicon Box, established in 2021 by the husband-wife duo Sehat Sutardja and Weili Dai, along with current CEO Han Byung Joon, had its three founders participating in the funding round. Additionally, notable investors included Tata Electronics from India and the venture arms of Taiwanese semiconductor group UMC, Japanese electronics giant TDK, and US semiconductor company Lam Research.
Silicon Box specialises in chiplet technology, a cutting-edge approach that integrates multiple smaller chips within a single package. This innovative technology, favoured by companies like Apple and chipmaker AMD, offers enhanced flexibility, performance, and efficiency. Han Byung Joon, Silicon Box’s CEO, formerly held key positions at semiconductor assembly and test provider Stats ChipPac.