Nexstrom Raises $12M for 2D Semiconductor Wafers

Singapore-based Nexstrom raised $12 million in seed funding led by Xora Innovation to commercialize 12-inch single-crystal 2D semiconductor wafers, aiming to replace silicon in advanced chips. The startup claims its platform integrates with existing foundry workflows, enabling mass production beyond sub-1 nanometer nodes. Total funding now reaches $15 million.