Congratulations to Clas-SiC Wafer Fab Ltd, a world-leading compound semiconductor fab in Scotland, on raising £12M.

NorthEast Capital LLP advised Clas-SiC on their funding round, introducing them to and working with top-tear European and global VCs. 

This is very exciting news for Clas-SiC as it enables substantial capital equipment purchases to expand their offering and secure their competitive advantage as a silicon carbide foundry offering unparalleled customer solutions.

Also great news for Fife and Lochgelly as it enables job growth and security for a global technology leader in compound semiconductors.

It was a privilege to work with such a fantastic team and congratulations to Jennifer Walls, Scott Forrest, Bill West and Carl Johnson on closing this transaction. Many thanks to Matt Boyle OBE FREng for your support along the way.