Startup TeraSi raises funds for terahertz passives, packaging

Startup TeraSi raises funds for terahertz passives, packaging

Business news |
By Peter Clarke

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TeraSi (Stockholm, Sweden) has raised 13 million Swedish Krone (about US$1.2 million) to help it develop passives and system-in-package technology for signal frequencies up to 200GHz.

The company was founded in 2020 to build upon research at KTH Royal Institute of Technology.

TeraSi’s technology is applicable to applications above 60 GHz and up to 200GHz. It combines design techniques with precision manufacturing and process automation. The funding comes from venture capital firms Navigare Ventures, Almi Invest, Onsight Ventures and Deeptech Labs as well as follow-on investments from all existing investors.

The company designs and manufactures components at its Stockholm headquarters and is planning to use the funds raised to bring its technology to mass markets. TeraSi’s first step is to expand their engineering team. The funding will also allow the team to invest in manufacturing infrastructure and pursue its intellectual property strategy.

The commercial launch of products for the test and measurement, radar and wireless markets will follow.

“Before we can realise society’s visions of the next generation of wireless we need to build hardware to support it. We believe our technology offers the best combination of performance, compactness and volume scalability and solves the packaging and integration bottleneck above 60GHz,” said James Campion, CEO of TeraSi, on the company’s website.

“TeraSi has demonstrated an exceptional ability to engineer new RF-solutions that we think will be key to the deployment of next generation wireless technologies like 6G,” said Alex Basu, an investment manager at Navigare Ventures.

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