Phoenix Semiconductor Secures $5.5 Million in Seed Funding from J2 Ventures and RTX Ventures, Announces Formation of Board of Directors - Phoenix
Summary
Phoenix Semiconductor raised $5.5 million in seed funding from J2 Ventures, RTX Ventures, and other strategic investors. The company plans to use the capital to scale its process for recreating legacy chips that are no longer in production but remain critical in defense and industrial systems. Phoenix also announced its inaugural board of directors to guide the company as it moves toward scaled production. The company says it is building domestic replacement chips for government and commercial customers that need secure, drop-in alternatives to aging semiconductors.
Funding
Amount
$5.5M
Total raised
Date
June 10, 2025
Announcement date
Investors
J2 Ventures
Lead investors
Company
phoenixsemicorp.com
Funded company
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