Adisyn completes $10 million placement to drive AI enabling semiconductor innovation
Tech
Tech
Special Report: Adisyn has completed a $10 million heavily oversubscribed placement at 9.5 cents per share with strong institutional and sophisticated investor demand as it looks to accelerate development of its graphene-enhanced semiconductor technologies.
An ambitious player in the semiconductor industry, Adisyn (ASX:AI1) said 105,263,158 new fully paid ordinary shares would be issued.
Globally recognised semiconductor industry leader and incoming non-executive director Kevin Crofton will subscribe for 800,000 shares, subject to shareholder approval.
Placement proceeds will used to support Adisyn’s growth objectives. The company said a portion of the funds would be used to purchase a specialised Atomic Layer Deposition (ALD) machine from Beneq, a global leader in ALD technology.
The equipment will enable Adisyn to accelerate development of its proprietary graphene-enhanced semiconductor interconnect solutions, enhancing performance, scalability and compatibility with current chip manufacturing processes.
Funds will drive the expansion of Adisyn’s R&D capabilities, particularly in advancing its semiconductor IP business 2D Generation’s (2DG) patented technologies.
This includes exploring new applications for graphene based interconnects addressing critical semiconductor bottlenecks, improving enabling further miniaturisation, energy efficiency, and high processing speeds.
Adisyn announced earlier this month it had completed the 100% acquisition of 2DG as it looks to seize opportunities in the rapidly evolving semiconductor market.
Capital will also be allocated to advancing licensing agreements and building partnerships with global semiconductor and electronics leaders.
The company will focus on collaborations that leverage its graphene-enhanced technologies to meet industry challenges in AI, 5G, autonomous vehicles, datacentres and cloud computing.
Adisyn said additional resources would also be directed toward strengthening AI1’s operational capacity including scaling internal capabilities to meet anticipated growth demands and ensuring the company is equipped to deliver on project milestones efficiently.
A portion of the funds will support general working capital requirements and cover expenses related to the placement.
Adisyn is pioneering the integration of graphene to overcome challenges associated with miniaturisation, power efficiency and processing sppeds in semiconductors.
The company said its proprietary precursors and ALD process positions it at the forefront of semiconductor advancements, including partnerships with global leaders on the horizon.
The company is part of the European Union Joint Undertaking called Connecting Chips who’s participants include Nvidia, Valeo, Applied Material and ASML, global giants striving to address critical semiconductor bottlenecks, enabling advancements in AI, 5G and autonomous vehicles.
The company said with more than 30 years of leadership in semiconductor giants including Nasdaq-listed stocks Lam Research and KLA Corporation, the appointment of Crofton to its board further brings invaluable insights and connections to guide growth.
Crofton is a former board member and chair of SEMI International, the global industry association for semiconductors.
He is also an advisor on landmark initiatives, including the US CHIPS Act and Virginia’s Semiconductor Initiative and the recipient of several prestigious awards.
Crofton believes Adisyn’s technology has the potential to revolutionise next-generation semiconductor manufacturing.
“By collaborating with partners on chip design, lithography and advanced materials like graphene, we aim to extend Moore’s Law and push the boundaries of performance and efficiency. These breakthrough’s will be transformational” he said upon his appointment.
Adisyn CEO Blake Burton said strong demand for the capital raise further validates the company’s potential to leverage the opportunities of the growing semiconductor sector.
“The placement was underpinned by significant institutional demand and, together with Kevin’s decision to personally invest, provides a strong endorsement of AI1’s vision and potential,” he said.
“It reflects the market’s confidence in our ability to deliver groundbreaking technologies and positions us to capitalise on the vast semiconductor and AI industries as we advance.”
News of the placement for Adisyn comes as artificial intelligence continues to be a hot focus for investors in 2025.
US President Donald Trump this week unveiled a new company intending to invest “at least” US$500 billion (~AU$798 billion) over the next four years building new AI infrastructure.
The Stargate Project will be led by Japanese giant Softbank, cloud giant Oracle and ChatGPT-creator OpenAI.
Trump described Stargate as the “largest AI infrastructure project in history” and said it would build the physical and virtual infrastructure to power the next generation of advancements in AI, including “colossal data centres”.
This article was developed in collaboration with Adisyn, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.