What is Inpria?
Inpria specializes in the design, development, and manufacturing of metal oxide photoresists, crucial components for advanced semiconductor lithography, particularly Extreme Ultraviolet (EUV) lithography. Their engineered solutions are optimized to enhance resolution, sensitivity, and integration within complex manufacturing processes. Collaborating closely with semiconductor manufacturers, Inpria provides tailored photoresists and ancillary materials. Originally founded in 2007, the company was acquired by JSR Company in 2021 and operates a state-of-the-art facility in Corvallis, Oregon, positioning it as a key innovator in materials science for microelectronics.
How much funding has Inpria raised?
Inpria has raised a total of $73.3M across 6 funding rounds:
Private Equity
$5.4M
Multiple Rounds
$13.4M
Series B
$23.5M
Series C
$31M
Private Equity (2013): $5.4M with participation from Intel Capital and Samsung Ventures
Other Financing Round (2014): $4.7M led by Intel Capital
Private Equity (2014): $1.5M supported by Oregon Venture Fund
Other Financing Round (2014): $7.3M featuring Intel Capital
Series B (2017): $23.5M backed by Samsung Ventures, Intel Capital, and JSR Corporation
Series C (2020): $31M with participation from Samsung Venture Investment Corporation, Applied Materials, SK hynix Inc, TSMC Partners, Intel Capital, JSR Corporation, and Air Liquide Venture Capital ALIAD
Key Investors in Inpria
Samsung Ventures
Samsung Ventures is a venture capital firm that invests in innovative companies, likely focusing on technologies that align with Samsung's broader strategic interests in electronics and semiconductors. Their participation suggests confidence in Inpria's technological advancements and market potential.
Intel Capital
Intel Capital, the venture investment arm of Intel, focuses on startups in areas like AI, autonomous vehicles, and next-generation compute. Their investment in Inpria highlights the critical role of advanced lithography materials in the future of semiconductor innovation and Intel's ecosystem.
JSR Corporation
JSR Corporation, a materials manufacturer for semiconductors, has a vested interest in companies like Inpria, which develop essential components for chip production. Their involvement, including the acquisition, underscores a strategic commitment to advancing semiconductor materials technology.
What's next for Inpria?
The substantial enterprise-level funding and recent strategic investment signal a strong growth trajectory for Inpria. This capital infusion is anticipated to fuel further research and development into next-generation photoresist materials, enabling smaller and more efficient semiconductor nodes. The company is likely to focus on expanding its manufacturing capacity and strengthening its partnerships with leading chipmakers globally. Inpria's strategic positioning, bolstered by its acquisition by JSR Company, suggests a continued emphasis on technological advancement and market penetration within the advanced semiconductor lithography space.
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