Transaction
Tiempo raises €5m
Date
June, 2009
Sectors
Deep Tech, Semconductors
Deal type
Private Placement
Deal locations
France
Deal Team
_JPG.avif)
Sandrine
Vergnory-Mion
M&A Advisory
_JPG.avif)
Mathieu Daouphars
M&A Advisory
Background
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Tiempo was created in 2007, in Rhones-Alpes by Serge Maginot and Marc Renaudin. The company develops and commercializes a complete solution – IPs and EDA tools – for the design of innovative clockless integrated circuits. Tiempo’s asynchronous solution enables the design of complex chips with ultra-low power consumption and ultra-low electromagnetic emission, as increasingly required in embedded electronics
Process
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Shamrock has advised Tiempo on the second round of fundraising subscribed by Viveris Management, Oddo Asset Management, Schneider Electric Ventures, and Emertec Gestion.
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Schneider Electric Venture and Emertec Gestion had already subscribed to the first round in 2008.
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With this second round, Tiempo will continue to develop its product portfolio and will expand its commercial reach internationally.