Nexstrom Raises $12 Million for 12 Inch Semiconductor Wafer Platform

Sep 22, 2026
Nexstrom raised a $12 million seed round to commercialize its platform for growing single crystal 2D semiconductor materials on 12 inch wafers.

Nexstrom raised a $12 million seed round led by Xora Innovation, the company announced in a press release. Foothill Ventures and SEEDS also participated, bringing its total funding to $15 million, including $3 million in non dilutive funds.

The Singapore based company is developing a platform for growing single crystal 2D semiconductor materials across standard 12 inch wafers. Its technology combines chemical vapor deposition hardware, process technology and wafer scale material growth for use in existing foundry workflows.

Nexstrom will use the funding to develop the platform, collaborate with semiconductor foundries and expand its engineering and leadership teams. Founded in 2024, the company is targeting applications in AI, data centers, high performance computing and low power chips.

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