Semiconductors

First SEA unicorn of 2024? Silicon Box claims unicorn status with $200M Series B

January 11, 2024

Unicorn alert. Singapore’s Silicon Box, which specializes in chiplet technology, just raised $200M in a Series B, putting them at a $1B valuation.

  • The company was founded in 2021, so yes, they reached unicorn status in less than 3 years!

Investor check. All three of the company’s founders invested in the round along with Tata Electronics, TDK, and Lam Research. Praesidium Capital, Maverick Capital, and BRV Capital also joined in.   

🖥️ To chip or not to chip

Chiplet technology is an approach to microchip design that’s becoming more popular because of its flexibility, cost-efficiency, and performance.  

  • Instead of building a single (aka monolithic) chip, chiplets are manufactured separately and meant to be combined with other chiplets in a process called advanced packaging.

Mix and match. Allowing companies to assemble their own chips also reduces bottlenecks in chip production.

Chiplets can be customized to optimize certain functions and applications, so manufacturers can easily adapt to market demands.

  • In fact, manufacturers can mix and match chiplets to promote enhanced performance, longer battery life, stronger processing power in AI applications, and more.

Who uses the tech? Apple is using chiplet technology to power the processors of their high-end computer lines. Ryzen chipmaker, AMD, also uses the tech.

📦 Where Silicon Box comes in

The company’s tech enables companies to put together their own chips. 

  • Silicon Box claims that their solutions can reduce the manufacturing costs of high-performance devices by up to 90%, with better thermal and electrical performance. 

🏭 Growth, growth, growth

In July last year, they launched a $2B 750K square foot facility in Singapore.

  • The factory has been in mass production for customers since October 2023. 
  • Silicon Box will use the fresh $$$ to expand production.

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