# Aeluma raises $8M and completes reverse merger

Aeluma, Inc., a semiconductor company specializing in sensors and communications, closed an $8 million private placement equity financing and completed a reverse merger with Biond Photonics and Parc Investments. The funds will accelerate technology development.

- Type: Investment
- Announced: 2021-07-07
- Where: Goleta, California, United States
- Value: $8.00M
- Status: completed
- Products: sensors, communications devices, Lidar, 3D image sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Aeluma, Inc.](https://endata.com/companies/56308.md)
- [Biond Photonics, Inc.](https://endata.com/companies/56309.md) (partner)
- [Parc Investments, Inc.](https://endata.com/companies/56310.md) (partner)

## Sources

- [aeluma.com](https://www.aeluma.com/news-media/press-releases/detail/7/aeluma-inc-raises-8-million-and-completes-reverse-merger), 2021-07-07: "We are excited to announce this new equity financing, which will support and accelerate the technology development for our disruptive sensor technology."

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