# Cerium Technology leads majority equity financing of Atomica

Atomica (formerly Innovative Micro Technology) announced a majority equity financing led by Cerium Technology. Proceeds will increase R&D investments, upgrade equipment, and complete installation of a new 200mm wafer fabrication line.

- Type: Investment
- Announced: 2018-10-30
- Where: Santa Barbara, California, United States
- Status: announced
- Products: MEMS, wafer-level optics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Atomica](https://endata.com/companies/35209.md)
- [Cerium Technology](https://endata.com/companies/35210.md) (investor)

## Sources

- [atomica.com](https://atomica.com/innovative-micro-technology-receives-majority-investment-from-cerium-technology/), 2018-10-30: "Proceeds from the financing will be used to increase R&D investments in the company’s standard process platforms, upgrade existing equipment, and to complete the installation of Atomica’s new 8” (200mm) wafer fabrication line."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.