About MONOLITH SEMI
MONOLITH SEMI is a Technology company based in Ithaca (United States) founded in 2013, and was acquired by Littelfuse in November 2018. Advanced silicon carbide MOSFET switches are developed for power efficiency. MONOLITH SEMI has raised $18.5 million across 7 funding rounds from investors including Littelfuse and OSTI.GOV. MONOLITH SEMI offers products and services including Potatoes and Grain Marketing. Its focus areas include Semiconductors and Electronic Components. Its legal entity is Maine Potato Growers, Inc.
Company details
Monolith Semiconductor exclusively uses the Cornell NanoScale Science and Technology Facility (CNF) to make advanced silicon carbide MOSFET switches, which can amplify or reduce large volumes of power during energy transfer. These MOSFET switches step down electricity from the grid to user with very little energy loss. Monoliths silicon carbide switches find industry application in renewable energy inverters, power supplies, electric vehicles, industrial motor drives and smarter electrical grid. U.S. Department of Energys ARPA-E program awarded a 3.2 million grant in 2013 to Monolith Semiconductor
- Headquarters Ithaca, United States
- Stage Acquired
- SectorsTechnology
- Website ww25.monolithsemi.com
- Social LinkedIn
- Acquired by Littelfuse (Nov 2018)
- Legal Name Maine Potato Growers, Inc
- Total Equity Funding$18.5M (USD)
in 7 rounds
- Latest Funding Round$15M (USD), Series B
Mar 2017
- InvestorsLittelfuse
& 1 more
- Acquired byLittelfuse
(Nov 2018)
Products & Services of MONOLITH SEMI
MONOLITH SEMI offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial uses
Grains are promoted and distributed from farms
Funding Insights of MONOLITH SEMI
MONOLITH SEMI has successfully raised a total of $18.5M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18.5M
- Total Rounds 7
- Last Round Series B — $15M
- First Round $224,997
(Jul 2013)
- Investors Count 2
All 7 funding rounds of MONOLITH SEMI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2017 | $15M | Series B | – | – | |
| Jun 2016 | $149,929 | Grant | – | – | |
| Dec 2015 | $3.5M | Series A | – | Littelfuse | – |
| Jun 2015 | $149,950 | Grant | – | – | |
| Feb 2014 | $1.15M | Grant | – | – | |
| Oct 2013 | $3.2M | Grant | – | – | – |
| Jul 2013 | $224,997 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in MONOLITH SEMI
MONOLITH SEMI has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Littelfuse and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Circuit protection electronics are manufactured by Littelfuse. | 1927 | littelfuse.com | Chicago, United States | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States |
Investor details for MONOLITH SEMI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of MONOLITH SEMI
4 dated milestones of MONOLITH SEMI across 5 years, from founding to its latest funding, stage changes and deals.
- Founded MONOLITH SEMI is founded.
- Funding First funding round of $225K.
- Funding Latest funding round, Series B, of $15.0M.
- Exit Acquired by Littelfuse.
Top companies in Electronic Manufacturing & Components
3 companies that operate in the same segment as MONOLITH SEMI (Electronic Manufacturing & Components) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | USD 24.95 B | 74 | ||
Communication equipment manufacturer | 1938 | Lisle, Illinois, United States | ||||
Electronic components and embedded technologies are distributed globally. | 1921 | Phoenix, Arizona, United States | USD 27.63 B | 14,870 |
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Frequently Asked Questions about MONOLITH SEMI
MONOLITH SEMI was founded in 2013.
MONOLITH SEMI is headquartered in Ithaca, United States. It is registered at Ithaca, New York, United States.
MONOLITH SEMI is a funded company, having raised a total of $18.5M across 7 funding rounds to date. The company's 1st funding round was a Grant of $225K, raised on Jul 2013.
Monolith Semiconductor exclusively uses the Cornell NanoScale Science and Technology Facility (CNF) to make advanced silicon carbide MOSFET switches, which can amplify or reduce large volumes of power during energy transfer. These MOSFET switches step down electricity from the grid to user with very little energy loss. Monoliths silicon carbide switches find industry application in renewable energy inverters, power supplies, electric vehicles, industrial motor drives and smarter electrical grid. U.S. Department of Energys ARPA-E program awarded a 3.2 million grant in 2013 to Monolith Semiconductor.
MONOLITH SEMI offers Potatoes and Grain Marketing.
MONOLITH SEMI has 2 investors. Key investors include Littelfuse, and OSTI.GOV.
MONOLITH SEMI operates through Maine Potato Growers, Inc.
Yes. MONOLITH SEMI was acquired by Littelfuse in November 2018.