Printed silicon startup nabs $20M in funds

September 4, 2007 – Kovio Inc. says it has raised $19.5 million in the first closing of a Series D round of funding, to help develop and commercialize products that use its proprietary printed silicon technology.

The round was led by Pinnacle Ventures with participation from a list of other VC firms: Bessemer Venture Partners, Duff Ackerman & Goodrich Ventures, DEA Capital, Flagship Ventures, Harris & Harris Group, Jerusalem Venture Partners, Kleiner Perkins Caufield & Byers, NCD Investors, and Yasuda Enterprise Development.

The startup says it will use the funding to “design, develop and commercialize printed electronic products” using proprietary printed silicon electronics technology.

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