Lyncean Technologies Inc. closes $13.75 million funding with a syndicate including Intel Capital


(Lyncean Technologies, Inc.) Lyncean Technologies has secured $13.75 million in the initial close of a Series B financing round with a syndicate including Intel Capital. The investment will support development of a novel high power extreme ultraviolet (EUV) source for potential future use in semiconductor manufacturing. Lyncean also will expand manufacturing operations for its Compact Light Source, a high flux X-ray source that makes synchrotron quality experiments possible in a local laboratory.

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