New financing round for Silicon Line with participation of Unixtar
Munich/ Limburg/ — Silicon LineGmbH succeeds in a further financing round with a volume of several million euros. In addition to the existing investors Munich Venture Partners Fund II GmbH & Co KG, Capital‑E NV, Capital‑E II Arkiv Comm.V.A, Limburgse Reconversie Maatschappij NV, Unixtar Technologies Inc. also acquired a new stake in Silicon Line GmbH as part of the financing round.
Silicon Line is a global leader in innovative ultra-low power optical link technology that enables thin, lightweight and long high-speed cables for the mobile and consumer electronics markets. Founded in 2005 as an analog IC design house, Silicon Line quickly developed proven expertise in ultra-low-power, analog and mixed-signal design. Silicon Line has since sold over 1.4 billion units.
Advisor Silicon Line GmbH: GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Bernt Paudtke, Partner, Dr. Christian Glauer, Associate Partner, Tobias Reichenberger, Associate (all M&A/Corporate, Munich)
Advisors Limburgse Reconversie Maatschappij NV: Osborne Clarke LLP
Dr. Benjamin Monheim, Sarah-Julia Nießen, Enno Dreier
Advisor to Unixtar Technologies Inc.: KPMG Law Rechtsanwaltsgesellschaft mbH
Dr. Daniel Kaut, Partner, Dr. Christian Hensel, Senior Manager (Lead), Denise Kühn-Rittirsch, Associate (all M&A / Corporate, Nuremberg)
About Munich Venture Partners
Munich Venture Partners is a cleantech venture capital specialist based in Munich. Munich Venture Partners focuses on venture capital for high-tech start-up companies with growth-oriented and revenue-generating products. The commitment is focused on Europe and selected international investments. Munich Ventures Partners supports founders and entrepreneurs in solving entrepreneurial challenges and is a valuable advisor and contact in all phases of development.
About Capital‑E and Capital‑E II
Capital‑E provides early-stage capital to companies developing unique selling propositions based on electronics or advanced materials. By working closely with IMEC, the largest independent research center for micro- and nanoelectronics in Europe, Capital‑E and its companies can directly access the support of more than 2,000 scientists and engineers, as well as IMEC’s more than 500 global partners, to cost-effectively promote the use of highly innovative products.
About Limburgse Reconversie Maatschappij NV (LRM)
LRM is an investment company that develops and stimulates economic growth in Limburg. We provide a solid foundation so that companies and projects that create jobs in Limburg can grow. LRM invests in companies and projects that generate economic activity in Limburg and thus contribute to the sustainable maintenance and growth of employment in Limburg.
Founded in 1986, Unixtar is a modern electronics company with multiple locations in China and Cambodia. The company manufactures a wide range of cables and cable assemblies, consumer electronics products, electromechanical assemblies, printed circuit boards and active fiber optic cables for customers around the world. Unixtar has 4,500 employees and revenues of $130 million.