Shocking Technologies, a manufacturer of patented polymer nano-composite material for safeguarding electronic goods from electrostatic discharge (ESD), stated that it has amassed $15.2 million through a strategic investment with Vista Ventures, Skylake Incuvest, Balch Hill Capital, ATA Ventures, Arch Ventures, Littelfuse and other private investors.
Shocking Technologies will utilize the capital amount to develop its capacity and infrastructure to fulfill the growing demand for its novel voltage switchable dielectric (VSD) solution. The company has recently provided certification to numerous major printed-circuit board (PCB) providers on its VSD solution, executed via its polymer nano-composite material called XStatic, which is integrated in PCBs to safeguard electronic products from adverse ESD events.
The XStatic material acts as a dielectric or insulator during standard circuit operation and acts as a conductor while the voltage increases above a predefined threshold value. When the voltage drops, it once again behaves as an insulator. Hence, when it is integrated into a package substrate or PCB, destructive ESD currents and voltages can be directed to the ground or other preset sites in order to protect circuits, components and devices from ESD events.
Shocking Technologies has recently expanded its manufacturing plant located in San Jose to increase the accessibility of its XStatic material, which could facilitate design, enhance ESD protection and reduce development time, while reducing the number of components and offering more space for other functionalities.
Shocking Technologies’ President and Chief Executive Officer, Lex Kosowsky stated that the company is happy to have companies like Littelfuse as its strategic investor to offer valuable input to bring out its technology to clients. Their support will offer more momentum and strength to the company in entering growth consumer applications and markets, he added.