Group IV Semiconductor Gets Funding for Silicon-Based Light Engine Development
Source/Type: News - Staff reports

Author: LIGHTimes Staff

August 23, 2007... Group IV Semiconductor, the startup hoping to develop silicon-based light emitters, received a very significant investment backing in early August. The funding round was led by Garage Technology Ventures of Montreal, Canada and Applied Ventures LLC, a subsidiary of process equipment maker Applied Materials Inc of Santa Clara, CA, USA. The company’s existing investors are Khosla Ventures of Menlo Park, CA, USA and Canada-based BDC Venture Capital.

The startup hopes to capitalize on the abundance of silicon with a thin nanofilm layer for the production of single chip light-emitters. The goal is to produce an extremely affordable, long lasting, and abundant light emitter that is much less expensive than conventional LEDs. The company said that its silicon-based light engines will be designed for use with today’s standard bulb-and-socket fixtures. The company plans to tackle the retrofit market making their products available for rapid adoption by end-users.

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