A new round of funding has been secured by Surrey NanoSystems, which is developing carbon nanotubes for future use as semiconductor interconnects. The University of Surrey’s spin-off raised US$4.2 million from Octopus Ventures, IP Group in a second round of funding.
"The semiconductor industry urgently needs a new interconnection technology. If you can solve the problem of growing precision carbon nanotubes at silicon-friendly temperatures - and we have - it opens up a massive potential market," says Ben Jensen, CTO of Surrey NanoSystems. "We expect to be the company that is able to offer a viable new interconnection process for high-volume semiconductor fabrication, one that really exploits the incredible performance properties of carbon nanotubes."
The company claims that its ‘low’ temperature process (350 C or less), is more compatible with currently required processing conditions, compared to 700 C temperatures required with other carbon nanotube types.