Japan-based Trigence Semiconductor was founded by two former Toshiba Corporation engineers and is said to be raising as much as ¥480m ($4.7m) in the sale.
The company develops digital audio technology to deliver high quality audio to consumer electronic, PC and automotive platforms. They specialise in technology to convert analogue signals to digital ones and vice versa.
Trigence Semiconductor is already backed by Intel’s corporate venturing unit. Intel’s investment allowed Trigence Semiconductor to expand integration of Dnote® to computing devices, including Intel® Architecture-based PCs, Ultrabook™, and smartphones, and also to expand its LSI and licensing businesses.
The INCJ is increasing its funding of technology start-ups following investment into established Japanese firms.