Nexstrom
Singapore-based semiconductor company building a wafer-scale platform for 2D semiconductor materials used in advanced chips.
- Industry
- semiconductors, 2D materials, AI hardware
- Location
- Singapore, Singapore
- Founded
- 2024
About
Nexstrom develops equipment and processes to grow 2D semiconductor materials on 12-inch wafers for commercial chipmaking. TechCrunch reports total capital raised of $15 million including this seed.
Funding history
| Round | Date | Amount | Lead |
|---|---|---|---|
| Seed 2026 | 2026-09-22 | $12M | Xora Innovation |
Total funding reported by the sources: $15M.
Investors
- Xora Innovation lead
- Foothill Ventures participant
- SEEDS participant
Sources
Last verified:
- https://www.prnewswire.com/news-releases/nexstrom-raises-12-million-seed-round-to-commercialize-the-first-12-inch-single-crystal-2d-semiconductor-platform-302885862.html
Type: funding announcement. Accessed 2026-10-07.
PR Newswire release datelined Singapore, September 22, 2026. Announces a $12 million seed led by Xora Innovation with Foothill Ventures and SEEDS. - https://www.finsmes.com/2026/09/nexstrom-raises-12m-in-seed-funding.html
Type: reputable publication. Accessed 2026-10-07.
FinSMEs article dated 2026-09-22. Confirms Singapore location, $12 million seed led by Xora Innovation with Foothill Ventures and SEEDS. - https://techcrunch.com/2026/09/22/singapores-nexstrom-wants-to-bring-2d-semiconductors-to-chip-fabs/
Type: reputable publication. Accessed 2026-10-07.
TechCrunch article dated 2026-09-22. Confirms the Singapore base, $12 million seed from Xora, Foothill Ventures and SEEDS, and $15 million total raised.