Tuesday, 24 March, 2026
Microsoft-Backed Startup Lace Secures $40 Million to Advance Chipmaking Technology
By Isha
Lace, a semiconductor startup backed by Microsoft, has successfully raised $40 million to accelerate the development of next-generation chipmaking equipment. This fresh capital injection will be used to enhance precision manufacturing tools essential for producing high-performance processors. By focusing on scalable hardware solutions, Lace aims to address the global semiconductor shortage.
Read full story at Economic Times