XLMEC Valuation, Funding & Investors

Eliyan is a Milpitas-headquartered semiconductor innovator creating interconnect IP for chiplet ecosystems. The company's NuLink technology leverages standard organic substrates to deliver terabit-per-second bandwidth between dies, matching advanced packaging performance at reduced costs. Eliyan enables scalable multi-core processors for AI accelerators and data center servers with enhanced yield and testability.

SeeQC is a quantum computing company integrating superconducting qubits with classical processors. Elmsford, New York-headquartered since 2018, it maintains facilities in London and Naples. SeeQC develops single flux quantum electronics for readout, control, and error correction. Its chip-scale systems target enterprise applications in optimization and simulation. The firm collaborates with research institutions on scalable quantum hardware.

Axera is designing AI system-on-chips for edge computing applications. The NPU-powered SoCs like the AX650A deliver up to 12 TOPS performance for computer vision in smart cameras and drones. Shenzhen-headquartered, Axera supplies semiconductors to surveillance firms and IoT device manufacturers worldwide.

SemiDrive is a Nanjing-based developer of automotive processors for ADAS, autonomous driving, and smart cockpits. Its X9H series supports L2+ autonomy with 8-core ARM Cortex-A and NPU delivering 4 TOPS, manufactured on SMIC 16nm. The company supplies chips to Chinese OEMs like Great Wall Motor and BYD for domain controllers.

Photonic is a Vancouver-headquartered company constructing a networked quantum computing platform using optically-linked silicon spin qubits. Its technology integrates photonics connectivity over telecom-band fiber for scalable, fault-tolerant quantum modules and networking.

Sunrise is a Shenzhen-based developer of high-performance GPUs for AI training, edge computing, and graphics processing. The company designs chips like the Sunhope series with up to 512 tensor cores, targeting data centers and autonomous vehicles. Manufacturing through TSMC processes, Sunrise supplies modules to Chinese hyperscalers and exports to Southeast Asia. Founded in 2018, it competes in the domestic semiconductor market amid US export restrictions.

XINYI Information Technology Ltd is a 5G IoT SoC vendor with R&D centers in Shanghai, Nanjing, Chengdu, and Singapore, plus sales offices in Xi'an, Chongqing, Shenzhen, and a supply chain hub in Hong Kong. The company develops comprehensive chip solutions leveraging expertise from alumni of Broadcom, Qualcomm, Intel, Maxlinear, and top universities including UCLA, Tsinghua, and Peking University.

SiFive designs customizable RISC-V processor cores and IP for embedded systems, IoT devices, automotive, and datacenter applications. Its Freedom platform includes microcontrollers, high-performance CPUs, and vector extensions with associated EDA toolchains. Santa Clara-headquartered SiFive licenses cores to Samsung, Western Digital, and Andes Technology. Founded in 2015, the company shipped over a billion RISC-V cores by 2023, powering chips from Qualcomm and NVIDIA partners.

Lightmatter is a Boston-headquartered designer of photonic computing chips that accelerate matrix multiplications for AI inference and training using silicon photonics. The Passage interconnect links GPU clusters with optical switches, while Envise processors target data center workloads in cloud and telecom sectors.

GTA Semiconductor is a China-based developer of semiconductor chips. The company conducts research and design for integrated circuits, producing power devices, power management ICs, and sensor chips applied in industrial control, automotive electronics, electricity distribution, and energy sectors.

PsiQuantum is a Palo Alto-headquartered quantum computing company building photonic-based fault-tolerant systems. The firm manufactures qubits in GlobalFoundries fabs, targeting 1 million-qubit processors by 2027 for climate modeling and drug discovery. PsiQuantum partners with DARPA and Australian government for utility-scale deployment.

POET Technologies Inc is a design and development company offering high-speed optical engines, light source products, and custom optical modules to the artificial intelligence systems market and hyperscale data centers. Its integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing, and sensing applications. The company operates geographically in the United States, Canada, Singapore and China.

VisIC Technologies is an Israel-headquartered semiconductor firm specializing in gallium nitride power devices for electric vehicles and fast chargers. Based in Ness Ziona, the company produces high-voltage transistors and diodes rated up to 1,200 volts with switching frequencies over 1 MHz. VisIC supplies automotive OEMs like Renault and infrastructure providers for onboard chargers exceeding 11 kW. Established in 2010, it holds patents in enhancement-mode GaN technology.

Pasqal Holding SAS helps organizations tackle problems that are difficult or impossible to solve with conventional computing methods alone. It builds and operates neutral-atom quantum computers, delivered with a full software stack, for industry, science, and governments. Its production-ready systems are available both on-premises and through the cloud, enabling organizations to harness quantum computing without requiring in-house quantum expertise. A single hardware platform supports analog workloads and is designed to evolve toward fault-tolerant quantum computing in the future. The company's quantum computing systems are used by customers across energy, and financial services to address complex challenges.

Silex Microsystem AB (publ) is a pure-play MEMS foundry. It is a specialized wafer fabrication facility (a fab) equipped with progressive equipment, technology, and processes required to manufacture MEMS. Its customers develop designs and then order MEMS from the company, after which the Company manufactures high-quality and customized MEMS to its customers' specifications.MEMS are used in a broad range of applications in, for example, telecom, consumer, industrial, automotive, medical, defense, and aerospace industries. The group manufactures MEMS for almost every end-use application sector, providing comprehensive solutions for its customers.

Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of its revenue from Europe and the rest from the United States, China, Hong Kong, Asia Pacific, and other regions.