KD — Grant · €26.8M

The Ministry of Industry and Tourism granted KDPOF €26.82M from the PERTE Chip programme as a direct participant in the EU IPCEI ME/CT project, to develop automotive optical transceivers and set up an IC assembly and test plant in Madrid. The 14 May 2024 resolution was provisional; a later report says the plant project is backed by €26.8M in PERTE Chip/IPCEI financing.

Lead not disclosed RoundGrant Announced14 May 2024Not counted in totals CityMadrid SectorSemiconductorsSource

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The company

Investors 1

Ministerio de Industria y Turismo (PERTE Chip)
Spain

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