What is Inpria?
Inpria specializes in the design, development, and manufacturing of metal oxide photoresists, crucial components optimized for Extreme Ultraviolet (EUV) lithography. Their engineered products are designed to meet stringent industry specifications, enhancing resolution and sensitivity in semiconductor manufacturing processes. The company collaborates closely with semiconductor manufacturers, providing tailored solutions that include photoresists and ancillary materials. Originally founded in 2007, Inpria was acquired by JSR Company in 2021 and operates a state-of-the-art manufacturing facility in Corvallis, Oregon, positioning itself as a key player in the advanced materials sector for microchip fabrication.
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 Intel Capital, JSR Corporation, and Samsung Ventures
Series C (2020): $31M with participation from Samsung Venture Investment Corporation, SK hynix Inc, TSMC Partners, Intel Capital, JSR Corporation, Air Liquide Venture Capital ALIAD, and Applied Materials
Key Investors in Inpria
Intel Capital
Intel Capital, established in 1991, is the venture capital arm of Intel, focusing on investments in innovative startups across AI, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute technologies. They actively facilitate business development introductions for their portfolio companies.
JSR Corporation
JSR Corporation is a materials manufacturer specializing in elastomers and resins, with a significant focus on materials for the semiconductor industry, including photoresists. They are a key player in supplying advanced materials for semiconductor fabrication.
Samsung Ventures
Samsung Ventures is a venture capital firm that invests in innovative technology companies. Their investment focus often aligns with the strategic interests of Samsung Electronics, particularly in areas like semiconductors, advanced materials, and emerging technologies.
What's next for Inpria?
The substantial enterprise-level capital infusion signifies a strategic phase for Inpria, likely focused on scaling production capabilities, accelerating research and development for even more advanced lithography materials, and expanding its market reach within the global semiconductor industry. This backing will enable Inpria to further solidify its position as a critical supplier for leading chip manufacturers navigating the complexities of EUV technology and beyond, potentially driving innovation in areas like artificial intelligence hardware and advanced computing.
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