Translucent is a technology company.
Translucent has raised $9.0M across 2 funding rounds.
Key people at Translucent.
Translucent has raised $9.0M in total across 2 funding rounds.
Key people at Translucent.
Translucent refers to multiple entities, but the most prominent technology company matching the description is the semiconductor materials developer (a subsidiary of Silex Systems Limited), which specialized in crystalline Rare Earth Oxides (cREO™) for next-generation devices in semiconductors, digital communications, and power electronics.[1] Acquired via technology purchase by IQE plc in 2018 for $5 million, it enabled compound semiconductor innovations like gallium nitride (GaN) on silicon for power switching and RF markets.[1] A separate active firm, Translucent Computing, builds cloud native solutions, focusing on DevSecOps, Kubernetes, Docker, microservices, and data-driven app development for digital transformation in sectors like healthcare and automotive.[2]
These entities serve distinct markets: the semiconductor Translucent targeted hardware manufacturers solving integration challenges for advanced chips, while Translucent Computing aids enterprises with scalable cloud infrastructure, automating operations for clients like Canadian Black Book and SickKids Hospital.[1][2]
The semiconductor Translucent emerged as a subsidiary of Silex Systems Limited, focusing on novel cREO materials; in 2015, IQE plc signed an exclusive option, license, and assignment agreement, exercising the acquisition option in March 2018 and completing payment in September 2018 with shares issued as consideration.[1] This marked a pivotal shift from R&D to commercialization, building on Silex's prior development for semiconductor applications.[1]
Translucent Computing, an award-winning cloud native firm, specializes in modern app development without a specified founding year in available data, but client testimonials highlight early traction with high-profile partners like Hearst's Canadian Black Book and the Hospital for Sick Children, emphasizing expertise in AWS, Terraform, and Kubernetes.[2] A UK-based TRANSLUCENT TECHNOLOGY LTD (incorporated 2007, dissolved 2017) focused on electrical installation, unrelated to core tech innovation.[4] Another entity founded in 2022 in Hampshire, England, offers multinational accounting software, unifying financial processes.[3]
The semiconductor Translucent rode the wave of compound semiconductor demand, particularly GaN for efficient power conversion amid rising electric vehicles, 5G, and renewables; its timing aligned with IQE's expansion into these markets post-2015 agreement, influencing silicon-compatible advanced manufacturing.[1] This addressed market forces like energy efficiency needs, reducing reliance on costly substrates.
Translucent Computing taps cloud native and DevOps trends, accelerating digital transformation in a Kubernetes-dominated era; it supports hybrid cloud scaling amid data explosion, benefiting ecosystems like healthcare via secure, automated platforms that handle distributed systems.[2] Both exemplify niche specialization driving broader adoption of efficient hardware and software infrastructures.
For cREO technology, integration into IQE's portfolio positions it for sustained growth in GaN markets, with trends like 6G and AI data centers amplifying demand—expect expanded RF and power applications.[1] Translucent Computing's trajectory points to deeper AI/ML and edge computing expansions, leveraging client wins for multinational scaling.[2] As tech converges on efficient, secure systems, these Translucents underscore specialized innovation's enduring edge, evolving from materials breakthroughs to cloud orchestration in a high-stakes landscape.
Translucent has raised $9.0M in total across 2 funding rounds.
Translucent's investors include Albion VC, Chalfen Ventures, Felix Capital, Lakestar, LocalGlobe, Picus Capital, Y Combinator, Azeem Azhar, Doug Monro, James Isilay, James Meekings, Ran Makavy.
Translucent has raised $9.0M across 2 funding rounds. Most recently, it raised $6.0M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2023 | $6.0M Seed | Albion VC, Chalfen Ventures, Felix Capital, Lakestar, LocalGlobe, Picus Capital, Y Combinator, Azeem Azhar, Doug Monro, James Isilay, James Meekings, Ran Makavy, Sherry Coutu, Tony Jamous, Will Brooks, Will Martin | |
| Mar 1, 2023 | $3.0M Seed | LocalGlobe, Picus Capital, Y Combinator |
