Averatek Relaunches as LQDX.com - Raises $10M in Equity & Government Funding
SANTA CLARA, Calif., April 15, 2024 /PRNewswire/ -- Averatek Corp., developer of high-performance materials for advanced semiconductor manufacturing, today announced that it has relaunched as LQDX ('lik-WID-ix) to focus on the rapid adoption of its Artificial Intelligence enabling chemistries and process technologies. To fund this next stage of growth, the company has concluded a combined equity and initial government funding round of $10M USD.
- To fund this next stage of growth, the company has concluded a combined equity and initial government funding round of $10M USD.
- The refocus enables us to build our team and support systems for the next phase of growth as an advanced chemical and process licensing business."
- "There has never been a time like this in the semiconductor industry," said Scott Meikle, Chairman.
- "LQDX has reengineered every element of the company to prepare ourselves and our partners for the unprecedented ramp in advanced interconnect technology and chiplet-driven architecture."