Axus Technology, Chandler, Ariz., a global provider of chemical mechanical planarization (CMP) equipment, critical to semiconductor and compound semiconductor manufacturing, has raised $12.5 million in funding.
Backers also include IntrinSiC Investment. Additionally, Axus has secured significant revolving and term credit facilities from national banks.
The company intends to use the funds to pursue and fulfill large orders from semiconductor and compound semiconductor manufacturers around the world.
Led by CEO Dan Trojan, Axus Technology provides advanced, flexible, next-generation equipment design and build, and custom process development services. We enable companies of all sizes, from start-ups to high-volume manufacturers, to test, develop, and implement solutions, especially for new and emerging materials, process integration schemes, products, and applications. Axus equipment solutions range from entry-level tools with low cost of ownership to high-volume production systems. Process testing, development, optimization, and scaling are supported by process application labs and foundries with a full complement of process equipment and supporting metrology.
Finance Small and Medium Enterprises
May 30, 2024
