Equity investment · Industrial tech
Tessolve receives $40 million from Novo Tellus Capital Partners
The investment will support acquisitions, chip design capabilities and international expansion.
Novo Tellus Capital Partners has invested $40 million in Tessolve, valuing the semiconductor engineering services company at $100 million. The capital will support acquisitions and organic growth.
Tessolve plans to expand its chip design and embedded services capabilities, develop engineering talent in India, and strengthen its international operations. The company provides design, testing and research services to semiconductor manufacturers.
Use of funds
Acquisitions and organic growth
Expand chip design and embedded services
Funding history
Equity investment · This round$40M