Averatek

CM portfolio company Averatek has officially rebranded itself as LQDX (‘lik-WID-ix), as part of their pivot to focus on the semiconductor packaging industry. CM Venture Capital's CEO Dr Min Zhou had worked closely with the company over the last 12 months to co-develop the new direction and form the new team. ? ? To fund its next stage of growth, LQDX has concluded a combined equity and initial government funding round of $10M USD. ? LQDX has made updates to its corporate governance and executive staff, naming Simon McElrea as Director & CEO, Rozalia Beica as Chief Commercial Officer and Dr Scott Meikle as Executive Chairman. ? This is a pivotal moment for LQDX and the semiconductor industry as they ready themselves for the unprecedented inflection of AI and High-Performance Computing. ? At the core of LQDX’ portfolio lies?LMIx??– or Liquid Metal Ink??technology – a novel metallization chemistry suite that enables the production of circuits up to 250 times denser than conventional Printed Circuit Boards (PCBs) and the most advanced interconnects used as redistribution lines (RDLs) for chiplet integration and 3D die stacking using through-silicon-vias (TSVs) These advanced features, previously exclusive to silicon, are essential to meet the exponential growth demand in signal density required by advanced chips, chiplets and heterogeneous integration. Announcement on CM site: https://lnkd.in/g3c4g7pp LQDX press release: https://lnkd.in/guuYcWBg #PCB #AI #printedcircuitboards #liquidmetal #rebrand

Thanks to the Surface Mount Technology Association (SMTA) for inviting me and Averatek to take part in the Ultra-HDI panel in Peoria AZ this week - the new center of the silicon universe with Amkor Technology, Inc. and TSMC joining the neighborhood. Combined with the iMAPS show in AZ last week and the groundbreaking Deca Technologies / Arizona State University announcement, it’s clear that the money and the focus is flowing into the US right now, but we need to motivate the next generation of students to join the industry en masse, or it will be a difficult ramp!