Investible has led an $A8.8 million Pre-Series A funding round for Syenta, an Australian semiconductor innovator leveraging patented Localised Electrochemical Manufacturing technology for advanced packaging solutions.

Target Information

Syenta is an innovative deep tech company based in Australia, focused on revolutionizing the semiconductor industry through its patented fabrication tool for advanced packaging. Originally a spinout from the Australian National University (ANU), Syenta has developed a unique manufacturing process known as Localised Electrochemical Manufacturing (LEM). This advanced technology allows for the creation of micron-resolution advanced packaging, which is essential for addressing the memory/compute gap—one of the critical challenges in enhancing AI performance. By utilizing LEM, Syenta significantly reduces the steps required in conventional advanced packaging, leading to approximately 60% lower fabrication costs while securing scalability and increased production output.

The company recently attracted significant investment interest, culminating in a Pre-Series A funding round of $A8.8 million led by Investible, alongside notable investors such as Blackbird and In-Q-Tel. This investment represents a critical advancement in Syenta's mission to become a key player in the semiconductor sector, particularly for high-performance computing (HPC) and AI chips.

Industry Overview

The semiconductor industry is currently experiencing strong market tailwinds driven by the rising demand for generative AI infrastructure solutions. As this technology evolves, there's an urgent need for computing power that simultaneously addresses cost, ener