Canada’s Stathera raises $55 million to scale silicon timing
Stathera will use the proceeds to fund mass production of its GEN2 silicon timing portfolio while accelerating development of its next-generation platform for AI data centers and growing the company’s engineering and commercial teams.
Stathera, a Canadian fabless semiconductor company, has announced the close of an oversubscribed USD 55 million Series B financing.
The round was led by new investor Maverick Silicon with continued backing from existing investors Celesta Capital, BDC Capital, MediaTek Innovation Fund, TXC Corporation, and Ultratech Capital Partners, according to a media release. The financing brings total funding to USD 75 million.
Stathera will use the proceeds to fund mass production of its GEN2 silicon timing portfolio while accelerating development of its next-generation platform for AI data centers and growing the company’s engineering and commercial teams. With this expansion, Stathera will establish a Silicon Valley office to engage leading AI, data center, and hyperscale customers.
“AI data center performance is increasingly limited not by raw compute, but by how quickly and coherently data can move and remain synchronized across tens of thousands of processors and the networking connecting them — synchronization that must run on precision timing,” said George Xereas, CEO and co-founder of Stathera. “For decades that timing has meant quartz, but Stathera is using semiconductor technology to move this foundational hardware to a new era of silicon.
Stathera’s GEN2 32.768 kHz product line, built on the company’s proprietary microfabrication technology, is moving into mass production, and its broader GEN2 portfolio is now sampling with Tier 1 OEMs. With Series B, Stathera is also launching development of its GEN3 platform, a ground-up design based on its proprietary DualMode architecture and purpose-built for the performance and reliability demands of AI-CED applications, the media release said.
“MEMS-based timing offers a fundamentally different approach, with advantages in integration, resilience, and programmability,” said Josh Miner, Principal at Maverick Silicon. “That is what Stathera is building.”
“Silicon-based timing is emerging as a compelling solution to meet the precision and scale that connected systems demand, today and for the next generation,” said Nicholas Brathwaite, Founding Managing Partner of Celesta Capital. “We’re proud to back Stathera and pleased with how far the team has come.”
