Silecs International develops and produces advanced siloxane polymers used in semiconductor mask-making, fabrication and packaging, as well as in displays and solar applications. The company counts major customers across Korea, Taiwan, Japan, Singapore, the US and Europe. Led by CEO Teo Kok Whee, Silecs intends to expand its research, production and customer support capabilities from its traditional base in Espoo, Finland into Asia. It has established a new corporate headquarters in Singapore to support that expansion. Silecs closed a US$16m Series E financing to fund the planned growth and capability buildout. In conjunction with the funding, Ms. Chu Swee Yeok, CEO of EDBI, joined Silecs’ board.

Total raised

$16M

Funding rounds

1

Latest round

Series E

Latest activity

May 2011