Lausanne-based semiconductor innovator, Kandou, has announced the initial close of its Series E financing round, securing USD 72 million. This significant achievement, part of a targeted USD 100 million equity financing round, underscores Kandou’s rise in the semiconductor domain and paves the way for the firm’s bold strides into new markets.
Renowned for its transformative high-speed, high-quality signal conditioning solutions, Kandou has always been at the forefront of technologies in the semiconductor space. Born as an EPFL spin-off in 2011, the Vaud-based company has managed to cement its reputation as a leader in the industry. One only needs to look back to December 2021 when the company raised USD 75 million in a Series D round to appreciate the trajectory of its success. That funding was instrumental in rolling out their first silicon product, Matterhorn, and advancing their signaling technology.
Kandou specializes in fabless semiconductor offerings. Their patented interconnect technology has brought about a paradigm shift in USB and PCIe applications. By significantly reducing power consumption and enhancing the performance of wired connectivity, Kandou has revolutionized data transmission between chips.
Regli, a timely and pivotal new product
With the fresh funds from this financing round, Kandou aims to take its next big leap. The company is set to expedite its global outreach and launch its latest offering, Regli, a multiprotocol retimer tailor-made for the PCI Express 5.0 specification and CXL 2.0. This innovative product is designed to magnify the physical connection quality, guarantee ultra-low latency, and bolster security for PCIe and CXL interfaces. Given the critical role of PCIe technology and CXL in data centers handling hefty computational loads, Regli’s introduction is timely and pivotal. The potential applications are vast, encompassing servers, desktops, 5G infrastructure equipment, and even PCIe active cables.
Reflecting on the occasion, Amin Shokrollahi, Kandou’s CEO & Founder, expressed his gratitude and optimism: ” Kandou is thrilled to have received such overwhelming support from our investors. This financing round is a testament to the value of our technology to innovate and deliver high-speed connectivity solutions. We are excited to leverage this funding to bring our solutions to more customers around the world.”
