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NUBURU’s latest private placement boosts June capital raise from about $8m to $9.2m

What happened

NUBURU Inc. raised an additional $1.3 million in convertible notes and warrants, bringing its total capital raise in June to approximately $9.2 million. The company develops and manufactures high-power industrial blue lasers. Neutral: This is a company-specific financial event with no direct, immediate impact on the supply, demand, or pricing of electronic components traded in the spot market.

Impact and signal

Low impactImpact score: 5/100

Affected components and suppliers

industrial blue lasers
NUBURU Inc
fundingcapital-raise

Source and time

Source: Semiconductor Today · 6/29/2023 · View original source

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