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.
Talk to the deal team
Related deals
East Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Learn moreQuantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Learn moreDoosan Skoda Power has been listed on the Prague Stock Exchange with a US$104 million initial public offering
Doosan Skoda Power and its parent company, Doosan Power Systems, have placed just over US$114 million (€100 million) of the company’s shares, of which US$31.4 million (€27.6 million) supported a 10% capital increase and US$72.4 million (€63.7 million), representing 23% of the pre-transaction share capital, was returned to the selling shareholder. This amount includes US$10.5 million (€9.2 million) in greenshoe shares, equivalent to 10% of the base deal.
Learn more