Intel Capital, Innovacorp invest in first round of Reno Sub-Systems
Reno Sub-Systems Canada Inc has confirmed an earlier report by peHUB Canada that it has raised venture capital funding from Intel Capital, the investment arm of Intel Corp. The Bedford, Nova Scotia-based startup said other investors in its first round included Canadian venture capital firm Innovacorp. The financing's value was not published. Reno Sub-Systems designs, develops and delivers sub-systems used to control process systems made by original equipment manufacturers. It said proceeds of the deal will be used to bring the company's technology to market and "enable next generation advanced semiconductor manufacturing process technology nodes."
5 November 2014•3 mins read
