Kandou closes $75M Series D round

Our Lausanne-based portfolio company Kandou has reached another milestone with the announcement of its $75M Series D led by existing and new investors. This latest fundraise brings over $200 million in total backing of the company, a deserved show of confidence in Kandou’s team and tech! 

Founded in 2011, Kandou is the innovative leader in high-speed, energy efficient, chip-to-chip link solutions critical to the evolution of the electronics industry. Kandou enables a better-connected world by offering disruptive technology through licensing and standard products that empower the devices we use every day to become smaller, more energy efficient and become more effective.  

Forestay invested in Kandou in 2019 in its Series C and is delighted about the company’s latest milestone. 

Kandou will, among other developments, be utilising the new financing to increase the scale and speed of production of its first silicon product, known as Matterhorn, a USB-C® multiprotocol retimer solution with USB4™ support for consumer and networking applications for electronic devices. More here