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10th May 2024 - 0 comments

Development Bank backs £2.2m funding for Kubos Semiconductor

Semiconductor manufacturer Kubos is set to bring its revolutionary new compound semiconductor material to South Wales, with a £670,000 equity investment from the Development Bank of Wales.  The funding wsa part of a wider £2.2 million round from investors including Dr Drew Nelson, founder of IQE plc, Angels Invest Wales Co-Investment Fund and business angels, plus a £700,000 grant from Innovate UK.

 

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