SCALINX, a fabless semiconductor company headquartered in France specializing in advanced mixed-signal chip design, has successfully concluded its second funding round, securing a global investment of €34 million. This funding will play a pivotal role in fueling the development of cutting-edge System-on-a-Chip (SoC) products and expanding the company’s customer base. With cumulative funding of €44.5 million to date, SCALINX is poised to transition from specialized markets to broader market segments, solidifying its unique European position in the design and supply of SoC solutions based on ultra-high-speed data converters, particularly needed in high-tech industries like 5G and 6G networks, and autonomous vehicles.
The new investors of SCALINX include the French State through its “French Tech Souveraineté” fund program managed by Bpifrance, Go Capital, an independent management company, and Thales, a global leader in advanced technologies for Aerospace, Defense, Digital Identity & Security. Additionally, previous investors joining this second round include NCI WaterStart Capital, Normandie Participations, BNP Paribas Development, Unexo, and other private investors.
The proceeds from the funding will be used to expand business operations, with a focus on the Wireless Communication market, developing new products, and broadening its customer base. SCALINX also aims to explore new markets, notably in the Automotive sector, while consolidating its position in historical markets such as Space & Defense and Test & Measurement. The company plans to double its headcount over the next 24 months and expand its office space to accommodate the growing workforce.
Hussein Fakhoury, SCALINX Founder and CEO, expressed his enthusiasm, stating, "This new investment round validates the interest of the Wireless Infrastructure market in our wideband, low-power data-conversion SCCORE technology." He also emphasized that the investment marks a crucial milestone for the company's growth and expressed excitement about the strong endorsements from new and existing stakeholders.
Marion Aubry, Investment Director at Bpifrance, stated, "We are delighted to back SCALINX, whose expertise in highly integrated mixed-signal products is unique in Europe. SCALINX has a proven track record in defense and aerospace, test and measurement, and communications, and we expect it to grow rapidly in these markets."
Bruno Dizengremel, venture partner from GO Capital, expressed pride in supporting SCALINX and contributing their experience in semiconductors to the company, especially in the field of high-speed Data-Converters Integrated Circuits design.
Philippe Keryer, Thales Executive Vice President, Strategy, Research & Technology, highlighted their pleasure in supporting SCALINX as a valued technology partner and emphasized the strategic importance of SCALINX's Integrated Circuits design activity for European sovereignty, especially in defense and space markets.
