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Emtar Technologies Inc. Secures $18.5M CAD Angel Round to Advance Wireless SoC with Edge Computing for Next-Gen Connectivity

Emtar Technologies Inc. Secures $18.5M CAD Angel Round to Advance Wireless SoC with Edge Computing for Next-Gen Connectivity

February 26, 2025 Craig Etkin

February 21, 2025 04:11 PM Eastern Standard Time

VANCOUVER, British Columbia–(BUSINESS WIRE)–Emtar Technologies Inc., a fabless semiconductor company pioneering energy-efficient wireless edge intelligence solutions, has successfully closed its $18.5M CAD Angel Round in 2024. Since commencing operations in 2023, Emtar has been developing next-generation system-on-chip (SoC) and semiconductor technologies. This funding will further accelerate its efforts to advance breakthrough solutions toward real-world applications.

Advancing Technological Innovation

Since securing its Angel Round, Emtar has expanded its R&D capabilities and deepened collaborations with industry leaders, research institutions, and ecosystem partners. The company continues to make strong progress in developing high-performance, energy-efficient, and low-latency signal acquisition solutions that will shape the future of wireless connectivity.

“The industry is undergoing a paradigm shift,” said Alvis Huang, CEO of Emtar. “With the support of our investors, we have made significant technological advancements. As we push the boundaries of innovation, we remain focused on delivering high-impact solutions that drive efficiency and sustainability.”

Further updates will be shared as Emtar continues to advance its key initiatives in high-performance wireless infrastructure and next-generation network applications.

About Emtar Technologies Inc.

Emtar is at the forefront of technological innovation, driven by a team of experts and industry veterans with deep expertise in semiconductor design and business development. The company pioneers next-generation GaN solutions, setting new standards for power efficiency and performance. Additionally, it focuses on ultra-efficient, low-power SoC architectures, Emtar integrates high-speed I/O, wireless connectivity, and intelligent self-computing capabilities to deliver groundbreaking efficiency across mobile edge, infrastructure, and aerospace applications. These advancements ensure unparalleled reliability, ultra-fast connectivity, and sustainable energy optimization, shaping the future of global communications.

With a relentless focus on efficiency, sustainability, and next-generation wireless SoC computing edge communications, Emtar is pioneering eco-friendly semiconductor innovations that drive higher performance, lower power consumption, and a greener future for global connectivity.

For more information, visit our website or follow us on LinkedIn.

For media inquiries, partnership opportunities, or more information on our groundbreaking technologies, please contact us at info@emtartech.com.

Contacts

Media Contact
Louisa Chen, info@emtartech.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
British Columbia, Business Wire, Emtar Technologies, Vancouver, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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