Sondrel secures a major investment
Sondrel has secured funding from Rox Equity Partners Ltd. through a subscription for new shares. The funds will enable the company to grow and expand its presence as one of the world’s leading providers of custom chip design and supply. In particular, it will help them rapidly develop their presence in the US.
Founded in 2002, Sondrel is a UK-based provider of ultra-complex chips for leading global technology brands. The company offers a complete turnkey ASIC service, from architecture to silicon supply, and can design and supply the highest-spec chips built with the most advanced semiconductor technologies. The firm has design centers in the UK, Morocco and India, and sales representatives in Israel and the US.
Oaklins Cavendish, based in the UK, advised Sondrel on its US$10.9 million capital raising.
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