SCALINX raises €10.5m : vimarsana.com

SCALINX raises €10.5m
SCALINX,  the French fabless signal conversion IC specialist, has raised €10.5 million euros.
The investment validates recent progress and will enable SCALINX to meet growing market demand, drive the technology into new markets, increase capacity to support new customers and further expanding its team.
SCALINX aims to be a leading supplier for the French and European defense markets and a key player in the communications industry and the 5G wireless communication transformation.
The equity round is led by WaterStart Capital, an accelerator fund and investment firm from NCI and Normandie Participations, another venture capital fund, both specialized in financing highly innovative startups.