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Stathera Inc. announces US$15 million Series A funding round

On May 18, 2023, Stathera Inc., a leading provider of MEMS (Micro-electromechanical Systems) timing solutions, announced that it has raised US$15 million in a Series A funding round. The round was co-led by BDC Capital's Deep Tech Venture Fund and Celesta Capital, with additional participation from strategic investors including MediaTek, Seiko Epson, and TXC.

BLG represented BDC Capital (Deep Tech Venture Fund) and Celesta Capital (Silicon Valley) with a team led by Patrice Martin that included Valérie Olivier, Jon Kristinarson (Securities); Catherine Labasi-Sammartino (Corporate); Clara Chow (Intellectual Property); Kevin Bianchini and Alessandro Cotugno (Tax); and Maude Longtin (Labour & Employment).